Best Buy, popularly known as Best Buy Inc. is a reputed electronics corporation for consumers in America. Head quarter of the organization is in Richfield area Minnesota. The company has its branches in other countries like China. Mexico, Puerto Rico and in Canada as well. Two friends Gary Smoliak and Richard. N. Schulze started this organization in the year 1966. However, then it was known as a common electronics store only. Finally, in the year 1983 these two people rebranded and renamed the company giving more emphasis on consumer electronics. Subsidiaries of this organization are Geek Squad, Cinema Now, Pacific Sales, Magnolia Audio and Video and many others.