: In 1983, the company renamed itself Best Buy and launched its first electronics "superstore".
The history of Best Buy is a tale of accidental innovation and strategic survival. best buy historical prices
: In 1981, a tornado destroyed their flagship store. : In 1983, the company renamed itself Best
: The acquisition of Geek Squad transformed Best Buy from a hardware seller into a service provider. The Modern Turnaround (2012–Present) : In 1983
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: Facing "showrooming" competition from Amazon in 2012, CEO Hubert Joly launched a turnaround that focused on price-matching and in-store "shops-within-a-shop" for brands like Apple and Samsung.