BEST BUY

"We are a multinational retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances and related service" (SEC 10 K). Best Buy is a conglomerate company that owns businesses involved in entertainment items to appliances. It has expanded its company in the United States by acquiring Geek Squad, Magnolia, Pacific Sales etc. These companies are the reason Best Buy can be considered a conglomerate. Best Buy is also very focused on globalization and it has over two thousand international stores. This company is active in places such as Canada, several areas in Europe, Mexico, and China. Its foreign units include Cell Shop, Connect Pro, The Phone House, and Five Star among others. Best buy has merged with foreign companies such as Carphone Warehouse located in the UK to create a media synergy. They have bought many companies, but they do not have any major media synergies in the USA. There are some examples of vertical integration due to Best Buy..

Also known as: Best Buy Co., Inc.

Primary location: Richfield United States