Best Buy

AGREEMENT GRADE
f
Fortune 500 Rank (2018)
72
OWLER CEO APPROVAL RATING
58/100
GLASSDOOR RATING
3.8/5
CEO
Hubert Joly

Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. It was originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music. In 1983, it was rebranded under its current name with more emphasis placed on consumer electronics.

AG Sources

Workers Beware: Forced Arbitration Can Happen To You

Kevin Dugan began working at Best Buy in 2000. Best Buy fired Mr. Dugan from his general manager position in April 2016. Mr. Dugan sued the company, alleging he was fired because of age discrimination. Best Buy invoked an arbitration policy it had put in place a mere three weeks before Mr. Dugan’s termination. Ultimately, the New Jersey Court of Appeals found the arbitration policy unenforceable. Now, Mr. Dugan can air his grievances in a public forum. Dugan v. Best Buy, Inc.

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