On the recordSeptember 7, 2016
Mr. Speaker, I rise today to celebrate a Minnesota company that has reached a major milestone. This past month, Best Buy turned 50 years old. Best Buy was founded in 1966 by Richard Schulze. Originally named The Sound of Music, this store sold stereo equipment to college students in the Twin Cities area. When the stereo market began to decline, the store eventually expanded its merchandise to offer other popular products, ultimately leading to major future success. Like any business, Best Buy has faced highs and lows. In 1981, a tornado destroyed the main store in Roseville. Instead of letting the disaster win, Schulze and his employees banded together to continue to sell great products at a great price and provide excellent customer service along the way. Today there are now 1,600 stores located throughout North America, proving that both determination and hard work can pay off. Their success is widely recognized, so much so that Forbes magazine even named Best Buy the company of the year in 2004. Congratulations to Best Buy on 50 years of business. Thanks for representing Minnesota so well. And here's to the next 50 years. Proof of True Service to Our Country





