Business Information
The group's principal activity is the retail distribution of consumer electronics, home-office products, entertainment software, appliances and related services. It operates in two segments: the domestic and international. The domestic segment is comprised of U.S. Best buy and magnolia audio video operations. U.s. Best buy stores offers consumer electronics, home-office equipment, entertainment software, appliances and related services. Magnolia audio video stores offers audio and video products. The international segment is comprised of future shop and best buy operations in Canada. It operates its retail stores under the brand names best buy, future shop, magnolia audio video and geek squad, as well as an outlet store on ebay. The products are sold through the commercial Web sites bestbuy.com, bestbuycanada.ca, futureshop.ca, magnoliaav.com and geeksquad.com. In fiscal 2004, the group discontinued and disposed its interest in the musicland group, inc.
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Name |
Title
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Email
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Allen Lenzmeier | Vice Chmn. | N/A | Bradbury Anderson | Vice Chmn., CEO | N/A | Richard Schulze | Chmn., Founder | N/A | Bruce Chatterley | CEO, Pres. - Speakeasy | N/A | Jim Tweten | Pres. - Magnolia Audio Video | N/A |
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Year |
Sales |
Net Income |
2007 | 35,934,000 | 1,377,000 | 2005 | 27,433,000 | 984,000 | 2006 | 30,848,000 | 1,140,000
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