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Best Buy is an American multinational consumer electronics corporation headquartered in Richfield, Minnesota, a suburb of Minneapolis. Internationally, it operates in Canada and Mexico. It has previously been operational in China until February 2011 (when the faction merged with five stars), and in Europe by 2012. The company was founded by Richard M. Schulze and Gary Smoliak 1966, audio specialty store canada. In 1983, it was renamed and rebranded more emphasis on consumer electronics.
Best Buy launched a "Concept IV" Store expansion in New England in 1998. Concept IV store included an open layout with products organized by categories, cash machines around the shop, and a little less trades than III concept store.
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