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Best Buy's Core Values

  • Have fun while being the best
Learn from challenge and change
  • Show respect, humility and integrity
  • Unleash the power of our people


    • Opened as the Sound of Music in St. Paul, Minnesota, in 1966
    • IPO (Initial Public Offering of stock) in 1969
    • 1970, $1 million in annual revenue
    • 1981, responding to a tornado hitting one of their stores with a “tornado sale”, the company introduced low prices in a “no frills” retail environment and received $350 in sales per square foot compared to the then current industry average of $150-$200.

    • 1983, the Company was re-named and opened its first superstore
    • 1985, IPO on Nasdaq raises $8 million
    • 1989, the Company unveils a “grab-and-go” format in a non-commissioned, warehouse-style environment
    • 1993, the Company becomes the nations second-largest consumer electronics retailer
    • 1994, The Company's Children’s Foundation is established
    • 1999, The Company and Microsoft partner to cross-promote products
    • 2002, The Company and the Geek Squad join forces
    • 2004, The Company is named Forbes Magazine’s “Company of the Year”
    • 2007, The Company opens it first retail store in Shanghai, China
    • Today, approximately 180,000 employees apply their talents to help customers through retail locations, multiple call centers and Web sites, in-home solutions, product delivery and activities in our communities. The Company had revenues of $50.3 billion in 2011.
    • Community partnership is central to the way the Company does business. In fiscal 2011, the company donated approximately $25 million to improve the vitality of the communities where its employees and customers live and work.

    • Fujitsu America, Inc.

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