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Best Buy Canada Ltd. Business Reports

Best Buy Canada Ltd. Overview

Address

8800 Glenlyon Pkwy. Burnaby, 
BC V5J 5K3 Canada
Phone: +1-604-435-8223
Fax:+1-604-412-5224

Company Description

There might be a trip to Best Buy for some CDs or a television in your future. Best Buy Canada operates about 225 consumer electronics superstores under the three brands: Best Buy, Best Buy Mobile, and Future Shop. The retail outlets offer TVs, computers, e-readers, and DVD players, as well as cameras, CDs, DVDs, mobile phones, and software. In addition the Future Shop stores, which average 26,700 square feet and are smaller than Best Buy Canada locations, offer home appliances, office supplies, and maintenance services. Best Buy Canada also offers customers in-home and commercial technical support through its Geek Squad services unit. US-based retail giant Best Buy acquired the Future Shop chain in 2002.

Best Buy Canada Ltd. Company Profile Report

Purchase Report
 
$29

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • Company History
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Competitors List

    Company Profile Report Highlights

    • Company Description

      Quickly grasp how a company operates and understand its current business environment.
    • Industry Information

      Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.
    • Biographies

      Learn the background and technology interests of the company's executives, to better understand possible growth directions.
    • Company History

      When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.
    • Key People

      Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.
    • Company Financials

      Review key financial information to gauge health and growth potential.

    Company Profile Report

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      Choose below from the available Industry Reports related to 

    • Retail Sector Industry Report
    • Camera & Photographic Supplies Stores Industry Report
    • Household Appliance Stores Industry Report
    • Music Stores Industry Report
    • Computer & Software Stores Industry Report
    • Consumer Electronics & Appliances Stores Industry Report

    Retail Sector Industry Report

    Purchase Report
     
    $129

    Overview

    The US retail industry includes about 1 million outlets with combined annual revenue of about $4 trillion. Major companies include Wal-Mart, Home Depot, Kroger, Costco, and Target. While large companies dominate some retail sectors (such as mass merchandisers and grocery stores), other sectors (such as auto dealers and convenience stores) are fragmented. Many specialty retailers are single-store operations.

    SIC: 5983, 5984, 5989, 5992, 5993, 5994, 5995, 5999, 7389, 5211, 5231, 5251, 5261, 5271, 5311, 5331, 5399, 5411, 5421, 5431, 5441, 5451, 5461, 5499, 5511, 5521, 5531, 5541, 5551, 5561, 5571, 5599, 5611, 5621, 5632, 5641, 5651, 5661, 5712, 5713, 5714, 5722, 5731, 5734, 5735, 5736, 5912, 5921, 5932, 5941, 5942, 5943, 5944, 5945, 5946, 5947, 5948, 5961, 5962

    NAICS: 445299, 445310, 446110, 446120, 446130, 446191, 446199, 447110, 447190, 448110, 448120, 448130, 448140, 448150, 448190, 448210, 448310, 454319, 454390, 448320, 451110, 451120, 451130, 451140, 451211, 451212, 451220, 452111, 452112, 452910, 452990, 453110, 453210, 453220, 453310, 453910, 453920, 453930, 453991, 453998, 454111, 454112, 454113, 454210, 454311, 454312, 441110, 441120, 441210, 441221, 441222, 441229, 441310, 441320, 442110, 442210, 442291, 442299, 443111, 443112, 443120, 443130, 444110, 444120, 444130, 444190, 444210, 444220, 445110, 445120, 445210, 445220, 445230, 445291, 445292

     

    Sample Questions & Answers

    How sensitive is the company's business to the economy?

    Economic factors, including personal income, consumer confidence, job growth, and interest rates, can greatly affect consumer spending and the retail sector. During recessionary periods, retail sales growth can slow drastically and even decline.

     

    How does the company compete with large retailers?

    In many retail segments, large companies dominate and hold the majority of the market. Even specialty retailers in fragmented markets must compete with mass merchandisers and warehouse clubs that offer a smaller selection of comparable merchandise at...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.
      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
      • Call Preparation Questions

        Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
      • Industry Forecast

        Identify growth and integrate projections in your own business planning.
      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.
      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Retail Sector Industry Report

      Purchase Report
       
      $129

      Camera & Photographic Supplies Stores Industry Report

      Purchase Report
       
      $129

      Overview

      The US camera and photographic supplies retail industry includes about 800 firms with 2,000 locations and combined annual revenue of about $4 billion. Major companies include Ritz Camera & Image, Calumet Photographic, and Samy's Camera. The industry is concentrated: the 50 largest companies hold more than 80 percent of the market.

      SIC: 5946

      NAICS: 443130

       

      Sample Questions & Answers

      How have online photofinishing and supply services affected the company’s business?

      Online retailers and photofinishing services are capturing more market share every year. Consumers buy cameras, printers, and supplies online, upload images, and have printed copies sent directly to their doorstep without ever setting foot in a...

       

      How does the company differentiate itself from mass retailers selling similar products?

      Mass retailers have a major presence in the camera and photographic supplies industry. Electronic superstores and mass retail outlets push large volumes of goods and services through their photo sections. Their purchasing, merchandising, and...

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.
        • Trends & Opportunities

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
        • Call Preparation Questions

          Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
        • Industry Forecast

          Identify growth and integrate projections in your own business planning.
        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.
        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Camera & Photographic Supplies Stores Industry Report

        Purchase Report
         
        $129

        Household Appliance Stores Industry Report

        Purchase Report
         
        $129

        Overview

        The US household appliance store industry includes about 9,000 stores with combined annual revenue of about $16 billion. Major companies include ABC Appliance, Conn's, hhgregg, and PC Richard & Son. The industry is fragmented: the 50 largest companies account for about 35 percent of industry sales.

        SIC: 5722

        NAICS: 443111

         

        Sample Questions & Answers

        How are the company's sales affected by changes in home sales?

        Sales of new and existing homes help drive growth for appliance retailers, as consumers are highly likely to buy new appliances when buying a home. A soft housing market can significantly depress appliance sales. US new home sales fell by more than...

         

        How does the company compensate for declining retail prices?

        Retail prices for major appliances have been driven down by imports of low-priced products, mainly from China and Mexico. Increasing import volume and strong demand for low-end products contribute to flat and decreasing prices across most major...

         

        To read this full Call Prep Question and others, purchase the full report.

         

        General Report Description

        Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

         

        Sections Included in Report

        • Industry Overview
        • Quarterly Industry Update
        • Business Challenges
        • Trends and Opportunities
        • Call Preparation Questions
        • Financial Information
        • Industry Forecast
        • Website and Media Links
        • Glossary of Acronyms

          Industry Report Highlights:

          • Recent Developments

            Stay up to date on crucial industry news that may affect your strategy.
          • Trends & Opportunities

            Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
          • Call Preparation Questions

            Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
          • Industry Forecast

            Identify growth and integrate projections in your own business planning.
          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
          • Executive Insight

            Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
          • Financial Information

            Increase your credibility and support your presentations by adding verifiable industry metrics.
          • Web Links & Acronyms

            Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

          Household Appliance Stores Industry Report

          Purchase Report
           
          $129

          Music Stores Industry Report

          Purchase Report
           
          $129

          Overview

          The US music store industry includes about 4,000 stores with combined annual revenue of about $3 billion. Major companies include Trans World Entertainment Corporation (operator of FYE and other branded stores), Hastings Entertainment, and CD Warehouse. The industry is concentrated: the top 50 companies account for more than 70 percent of industry revenue.

          SIC: 5735

          NAICS: 451220

           

          Sample Questions & Answers

          Who are the company’s most significant retail competitors?

          Music stores face intense competition from consumer electronics stores, mass merchandisers, warehouse clubs, and Internet retailers. Music stores capture less than one-third of all US music purchases, according to the Recording Industry Association...

           

          How has digital downloading affected the company?

          Digital music downloading, both legal and illegal, has negatively affected US CD sales. Sales of physical CDs declined nearly 20 percent in the first half of 2010 compared to the same time a year earlier, according to Nielsen SoundScan. Meanwhile,...

           

          To read this full Call Prep Question and others, purchase the full report.

           

          General Report Description

          Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

           

          Sections Included in Report

          • Industry Overview
          • Quarterly Industry Update
          • Business Challenges
          • Trends and Opportunities
          • Call Preparation Questions
          • Financial Information
          • Industry Forecast
          • Website and Media Links
          • Glossary of Acronyms

            Industry Report Highlights:

            • Recent Developments

              Stay up to date on crucial industry news that may affect your strategy.
            • Trends & Opportunities

              Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
            • Call Preparation Questions

              Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
            • Industry Forecast

              Identify growth and integrate projections in your own business planning.
            • Business Challenges

              Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
            • Executive Insight

              Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
            • Financial Information

              Increase your credibility and support your presentations by adding verifiable industry metrics.
            • Web Links & Acronyms

              Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

            Music Stores Industry Report

            Purchase Report
             
            $129

            Computer & Software Stores Industry Report

            Purchase Report
             
            $129

            Overview

            The US computer and software store (computer store) industry includes about 10,000 stores with combined annual revenue of about $16 billion. No major companies dominate the industry.

            SIC: 5734

            NAICS: 443120

             

            Sample Questions & Answers

            How have retail price trends affected the company's merchandising strategy?

            Rapidly declining retail prices for computers, peripherals, and software can squeeze margins, even when companies account for decreasing manufacturer prices. Intense competition and consumer demand for affordability have resulted in falling price...

             

            How has the company developed ways to compete with multiple types of alternative retailers?

            Computer stores face intense competition from a variety of sources, including consumer electronic stores, Internet and catalog retailers, computer and peripheral manufacturers, office supply stores, and mass merchandisers. As the general population...

             

            To read this full Call Prep Question and others, purchase the full report.

             

            General Report Description

            Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

             

            Sections Included in Report

            • Industry Overview
            • Quarterly Industry Update
            • Business Challenges
            • Trends and Opportunities
            • Call Preparation Questions
            • Financial Information
            • Industry Forecast
            • Website and Media Links
            • Glossary of Acronyms

              Industry Report Highlights:

              • Recent Developments

                Stay up to date on crucial industry news that may affect your strategy.
              • Trends & Opportunities

                Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
              • Call Preparation Questions

                Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
              • Industry Forecast

                Identify growth and integrate projections in your own business planning.
              • Business Challenges

                Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
              • Executive Insight

                Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
              • Financial Information

                Increase your credibility and support your presentations by adding verifiable industry metrics.
              • Web Links & Acronyms

                Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

              Computer & Software Stores Industry Report

              Purchase Report
               
              $129

              Consumer Electronics & Appliances Stores Industry Report

              Purchase Report
               
              $129

              Overview

              The US consumer electronics store industry includes about 27,000 stores with combined annual revenue of about $60 billion. Major companies include Best Buy, RadioShack, and the retail operations of Apple. The industry is highly concentrated: the 50 largest companies account for 80 percent of sales.

              SIC: 5722, 5946, 5734, 5731

              NAICS: 443112, 443111, 443130, 443120

               

              Sample Questions & Answers

              How have declining retail prices affected the company?

              Retail prices for many major segments of consumer electronics products have been declining. Between 2008 and 2009, retail prices declined about 24 percent for TVs and about 13 percent for computers and peripherals. While electronics retailers have...

               

              How does the company deal with increasing competition from alternative channels?

              Consumer electronics stores face heavy competition from numerous other channels, including warehouse clubs, mass merchandisers, department stores, and Internet and mail order retailers. Internet and mail order retailers sell over $30 billion in...

               

              To read this full Call Prep Question and others, purchase the full report.

               

              General Report Description

              Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

               

              Sections Included in Report

              • Industry Overview
              • Quarterly Industry Update
              • Business Challenges
              • Trends and Opportunities
              • Call Preparation Questions
              • Financial Information
              • Industry Forecast
              • Website and Media Links
              • Glossary of Acronyms

                Industry Report Highlights:

                • Recent Developments

                  Stay up to date on crucial industry news that may affect your strategy.
                • Trends & Opportunities

                  Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
                • Call Preparation Questions

                  Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
                • Industry Forecast

                  Identify growth and integrate projections in your own business planning.
                • Business Challenges

                  Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
                • Executive Insight

                  Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
                • Financial Information

                  Increase your credibility and support your presentations by adding verifiable industry metrics.
                • Web Links & Acronyms

                  Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

                Consumer Electronics & Appliances Stores Industry Report

                Purchase Report
                 
                $129