Total number of Best Buy stores worldwide 2010-2020

This statistic depicts the total number of Best Buy stores worldwide from 2010 to 2020. In 2020, Best Buy operated a total of 1,231 stores worldwide. Best Buy is a specialty retailer of consumer electronics which was founded by Richard M. Schulze in 1966.

Best Buy

Best Buy is a global retailer and developer of technology products and services. The company's products include consumer electronics, mobile products, televisions, digital cameras, e-readers, appliances and others. Its services include installation and delivery of appliances, computer and gaming setup, furniture assembly and repair services.

Best Buy is the world’s largest multi-channel consumer electronics retailer with stores in the U.S., Canada, China and Mexico. In 2020, Best Buy had over 1,000 stores in the United States alone. Those stores generated approximately 40.1 billion U.S. dollars for the company in 2020, with 33 percent of the revenue generated from its consumer electronics segment.

The company's strategy has been to develop and supply a wide range of branded products and services to its customers through its innovative technologies. In line to its strategy, Best Buy acquired mindSHIFT Technologies, Inc, which provides cloud, data center and professional services to small and mid-sized businesses across the US. This acquisition can enhance the company's operations to expand its business in managed service provider markets.

Total number of Best Buy stores worldwide from 2010 to 2020

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Source

Release date

March 2020

Region

Worldwide

Survey time period

2010 to 2019

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