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"Era 1 -- Humble Beginnings Milestone: The Journey Begins 1966 -- Richard Schulze and business partner open The Sound of Music store in St. Paul, Minnesota.

1967 -- Kencraft Hi-Fi Company and Bergo Company acquired; second and third Sound of Music stores are opened near the University of Minnesota and in downtown Minneapolis.

1967 -- Sound of Music ends first year with gross sales of $173,000.

1969 -- Sound of Music stock first traded over the counter as publicly- held company; company enacts first employee stock option plan; three stores opened in the Twin Cities area.

1970 -- Sound of Music hits the $1 million mark in annual revenues. "

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โˆ™ 2010-05-13 18:58:41
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Q: How did Best Buy get started?
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What year was Best Buy started?

Originally founded in 1966 by Richard Schulze as the name "Sound of Music." In 1983 the company changed the name to "Best Buy Co."


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When did best buy start?

The company Best Buy? NYSE:BBY? Well, it started with Richard M. Schulze and business partner James Wheeler who opened "The Sound of Music" in 1966 and they later changed the name to Best Buy Co., Inc., in 1983. You can find this information on the website itself, www.bestbuy.com or wiki for more info. hope that helped!


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