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With the new name the store also began carrying more name brands, appliances, VCRs and offering central service and warehouse distribution. Throughout the nineties Best Buy became pioneers in offering the newest technology such as DVDs and high definition TVs. In 1999, Best Buy and Microsoft combined to cross promote each other and also offered a two for one stock split. Now in 2005, almost 40 years after the first store was opened in St. Paul, this global giant was named Forbes magazine's "Company of the Year".
Financially Best Buy operates two reportable segments, Domestic and International...
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