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1966
Richard Schuize and business partner open the sound of music store in St. Paul Minnesota.

1967
Sound of music acquires kencraft hi-fi company and bergo company.

1969
Sound of music stock trades as a publicly held company; three stores open in the twin cities area.

1970
Sound of music hits the $1 million mark in annual revenues.

1974
Sound of music moves into new headquarters in bloomington, minnesota.

1978
Sound of music operates 9 stores in minnesota by the year's end.

1981
A tornado hits the roseville minnesota store. Sound of music responds with a "tornado sale" introducing low prices in a "no frills" retail environment. The enhanced assortment was a success averaging $350 in sales per square foot versus an industry average of $150-$200 per square foot.

1983
Sound of music board of directors approves a new corporate name, best buy co., inc. Best buy opens it's first superstore in burnsville, minnesota.

Approximately 155,000 employees apply their talents to help bring the benefits of brands to life for customers through best buy retail locations, multiple call centers and Web sites, in-home solutions, product delivery and activities in their communities. Community partnership is central to the way business is done at Best Buy. In fiscal 2009, we donated a combined $33.4 million to improve the vitality of the communities where our employees and customers live and work.

Each year, Best Buy donates up to 1.5% of pretax earnings through the Best Buy Children's Foundation and Corporate giving programs to help strengthen the communities.

@15 Change Exchange: Teens as philanthropists

Buy Buy Co., Inc. give teens a voice - here's an example of how: The @15 Change Exchange. It's a cool name for an even cooler program that puts teens in charge of corporate giving - $1,000,000 of corporate giving, to be exact. Teens get to decide how this money will be allocated. Not their parents or their teachers or Best Buy board members. Teens. But they have to earn it.

Here's how it works: Teen members of @15 earn points by participating in easy, fun activities on @15.com, all aimed at developing their own points of view on topics and issues of interest to them, sharing those views and listening to others. As teens earn more points, they can show them off on their individual profiles, starting a competition (a good thing) and encouraging other teens to join them.

Every three months, @15 members allocate their points to the featured non-profit(s) they choose. Best Buy tallies all the points and makes grants to those non-profits according to the will of the members. Teens.

@15 showcases this new grant-making model that puts teens in charge.
@15 Scholarship Best Buy Teach Awards - Rewarding schools that use technology

Learn more about the @15 program, here

Best Buy Co., Inc. has announced the voluntary recall of two Exclusive-Branded products. All units affected by these recalls have been removed from store shelves in both the U.S. and Canada, and are no longer available for purchase. The company is working closely with the U.S. Consumer Product Safety Commission (CPSC) to notify customers who have purchased these products. Returned products will be disassembled and the parts recycled through a responsible third-party that meets our electronics recycling standards.

Insignia LCD television, model IS-LCDTV26 (SKU 7070705)
If a component in the power supply of this 26-inch LCD television fails, it is possible the TV can catch fire. Two incidents of fire have been reported, each causing minimal property damage and neither causing injuries requiring medical attention. The model was sold at Best Buy stores in U.S. and Canada, Future Shop stores in Canada, online at www.bestbuy.com, www.futureshop.ca, www.bestbuy.ca, and www.bestbuyforbusiness.com between August 2005 and June 2006, for about $799.99 U.S.

Rocketfish Universal AC/DC/USB Portable Power Source model number RF-INV80
An unknown possible defect in this AC/DC/USB portable power source has led to reports of spontaneous fire during charging. This product was sold at Best Buy stores in the U.S. and online at www.bestbuy.com from July 13, 2008 to Feb. 18, 2009.

All consumers will be asked to call 1-800-233-0462 for instructions to receive a Best Buy gift card for the value of their product.