In 1988, Schulze tried to sell the company to rival Circuit City for $30 million. Circuit City declined, claiming they would simply open a store nearby and "blow them away"—yet Circuit City ultimately went bankrupt while Best Buy thrived.

Founded in 1966, the company originally specialized in high-end audio equipment for 15- to 18-year-old males before expanding into appliances and VCRs.

Best Buy ’s journey from a small stereo shop to a tech giant is rooted in an unexpected disaster: a . In 1981, after a tornado destroyed its flagship store in Roseville, Minnesota, founder Richard Schulze held a massive "Tornado Sale" in the parking lot. The success of this high-volume, low-price event inspired the 1983 rebranding from "Sound of Music" to Best Buy and the launch of the superstore format we know today. Unique Historical Tidbits

Before its 2002 acquisition by Best Buy, the original Geek Squad in Minneapolis served customers via bicycle . Shopping Innovations

Best Buy is currently positioning itself as a primary destination for the "AI PC revolution," featuring devices with dedicated neural processing units (NPUs).

As of early 2026, computing and mobile phones account for roughly 47% of Best Buy's domestic business, driven by a new upgrade cycle for AI-powered devices.

Cart

Your cart is empty

Best Buy Computers And Tablets Access

In 1988, Schulze tried to sell the company to rival Circuit City for $30 million. Circuit City declined, claiming they would simply open a store nearby and "blow them away"—yet Circuit City ultimately went bankrupt while Best Buy thrived.

Founded in 1966, the company originally specialized in high-end audio equipment for 15- to 18-year-old males before expanding into appliances and VCRs. best buy computers and tablets

Best Buy ’s journey from a small stereo shop to a tech giant is rooted in an unexpected disaster: a . In 1981, after a tornado destroyed its flagship store in Roseville, Minnesota, founder Richard Schulze held a massive "Tornado Sale" in the parking lot. The success of this high-volume, low-price event inspired the 1983 rebranding from "Sound of Music" to Best Buy and the launch of the superstore format we know today. Unique Historical Tidbits In 1988, Schulze tried to sell the company

Before its 2002 acquisition by Best Buy, the original Geek Squad in Minneapolis served customers via bicycle . Shopping Innovations Best Buy ’s journey from a small stereo

Best Buy is currently positioning itself as a primary destination for the "AI PC revolution," featuring devices with dedicated neural processing units (NPUs).

As of early 2026, computing and mobile phones account for roughly 47% of Best Buy's domestic business, driven by a new upgrade cycle for AI-powered devices.