Best Buy is a company that has 40 years of history with a veryaccomplished sense

Best Buy is a company that has 40 years of history with a veryaccomplished sense of success. In 1966 Best Buy was a smallelectronics store in that originated in St. Paul Minnesota byRichard Schulze and an acquainted business partner. Consideringthat technology changes so rapidly Best Buy has had to transformfrom just being the little electronics store down the way into acompetitive customer-driven talent-powered company thatemphasizes on pleasing the customers as it pertains to the life oftechnology. In 1993 Best Buy was recognized as thenations second largest electronics retailer and was recognized byForbes in 2004 as the Company of the Year. However in 2012 BestBuy had a huge layoff which resulted into 50 store closings. Thecompetitors for Best buy include online stores like AmazonBuy.com Tiger direct and various others.