Best Buy is a leading American multinational retailer specializing in consumer electronics, headquartered in Richfield, Minnesota. Founded in 1966 by Richard M. Schulze and James Wheeler, it originally operated under the name “Sound of Music.” Over the years, Best Buy has achieved remarkable growth, becoming a prominent name in American culture. As one of the largest U.S. companies by revenue, it holds a spot on the Fortune 500 list and is publicly traded on the New York Stock Exchange under the ticker symbol $BBY. With over 1,000 retail locations and approximately 125,000 employees, Best Buy is a significant player in its industry. In 2019, the company reported $42.88 billion in revenue, $1.90 billion in operating income, and $1.46 billion in net income. Notably, Best Buy is the largest specialty retailer in the U.S. consumer electronics market.