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Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota.Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
The closures affected 1,000 part-time and 500 full-time jobs. In turn, Best Buy Canada announced that it would invest at least $200 million over the next two years to increase staffing and add home appliance departments to all stores. [11] [25] Canadian Best Buy locations will honour Future Shop warranties and gift cards. [25]
Geek Squad, Inc. is a subsidiary of American and Canadian multinational consumer electronics corporation Best Buy, headquartered in Richfield, Minnesota.The subsidiary was originally an independent company founded by "Chief Inspector" Robert Stephens on June 16, 1994, and offers various computer-related services and accessories for residential and commercial clients.
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The Source began as the Canadian branch of Radio Shack (later "RadioShack").The first Radio Shack store in Canada was opened on April 20, 1970, in Rexdale, Ontario.The chain was originally owned by Radio Shack's American parent company Tandy Corporation, but was spun off in June 1986, along with the rest of Tandy's international operations, as InterTAN.