Square footage of Best Buy retail stores in the U.S. 2010-2020

The square footage of Best Buy retail stores in the United States amounted to approximately 38.8 million square feet as of February 1, 2020. Best Buy operates three types of retail store segments in the United States: Best Buy stores, Pacific Sales stores, and outlet stores. Best Buy had over 1,000 stores in operation in the United States as of 2020. On a global scale, the total number of Best Buy stores has decreased in recent years.

Online revenues on the rise for Best Buy

   Best Buy's declining stores and square footage in both domestic and international outlets are met with increases in the company's online revenue. The company's online sales growth has been higher than its overall sales growth in recent years, and online sales as a share of total revenue have increased in recent financial years. Best Buy still earns around 80 percent of its revenue from brick and mortar store sales.

Best Buy is the leading electronics retailer in the United States

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 one of the most well-known and valuable retailers in the United States.