Best Buy is a publicly company that is traded on the New York Stock Exchange. Based in Richfield, Minnesota, the company has been in business in 1966, originally operating under the name of Sound of Music. Today, there are Best Buy stores located throughout the U.S., Canada, Mexico and China. The company employs roughly 180,000 people and sells products online through BestBuy.com. BestBuy specializes in electronics, selling appliances, televisions and home theater equipment, cell phones, cameras and video recorders, stereos, video game systems, movies, music and home office electronics. In addition, consumers can purchase audio electronics from the online store.