What is Best Buy?

A. Best Buy (NYSE:BBY) is a retailer of name brand consumer electronics, home office equipment, entertainment software and appliances. As of Feb. 26, 2000 the company had 357 stores in 39 states with sales of $12.4 billion and income of $347 million. The Company intends to open approximately 60 new stores in fiscal 2001. Also, Best Buy intends to start selling online in June 2000 at bestbuy.com. (Source: 2000 annual report). 2. ... more