Company Profile: Best Buy

Shopping has become a part of everyday life for many Americans. Large retail outlets line major roads of American towns and cities, enticing consumers with attention grabbing advertisements for products that vary from everyday necessities, to flashy toys that promise hours of entertainment. While many stores carry these entertainment products, like TV's, computers, gaming systems, and mp3 players, there is one company that stands above the rest as the "dominant technology and entertainment retailer" (taitsubler.com) in the United States - Best Buy. With a gross income of over $50 Billion in fiscal year 2011, and a net income of $1.227 billion, Best Buy Co., Inc holds one of the largest market shares in the consumer electronics industry, as they should. Best Buy, founded in 1966, is electronics merchant, whose stores are chock full of expensive electrical toys and tools. Stores are split into departments, each department specializing in a type of technology. Each store has a Home Theater, Computer/Tablet, MP3/iPod, Gaming, Digital Imaging, Car Electronics, Music/Movies, Appliances, and Mobile (cell phone) department, in which products and their accessories are on display. BjZB4IZ8
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