A specialty retailer of consumer electronics in the U.S, Best Buy accounts for more than 19% of the consumer electronics market. Some of the other countries where Best Buy has a presence include China, Canada, Turkey and United Kingdom.
Some of the well known subsidiaries of Best Buy are Pacific Sales, Geek Squad and Magnolia Audio Video. Best Buy has always been a company to watch out for. This was reiterated when Forbes named them the Company of the year in 2004.