Best Buy Co., Inc. (NYSE: BBY) is a prominent retailer of consumer electronics in the U.S. and also operates in Mexico, China, Turkey and United Kingdom. Best Buy has more than 1,500 stores across the world and was named “Company of the year” by Forbes magazine in 2004 and "Specialty Retailer of the Decade" by Discount Store News in 2001. Its corporate headquarter is located in Richfield, Minnesota. Best Buy retail stores are owned by the corporation. It doesn’t offer franchise.