Subsidy Tracker Parent Company Summary

Parent Company Name: 
Best Buy
Ownership Structure: 
publicly traded (ticker symbol BBY)
Headquartered in: 
Minnesota
Major Industry: 
retailing
Specific Industry: 
retail-consumer electronics
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$104,486,75362
Federal (grants and allocated tax credits)$28,4621
TOTAL$104,515,21563
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 1995. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2010.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

BEST BUY; NICHOLS DISTRIBUTION; Partsearch Technologies Inc.

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Minnesota$59,923,1271
New York$27,845,38737
Kentucky$14,628,3007
Illinois$1,500,0001
Maine$289,5418
All other$300,3988

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Best Buy Co. Inc. Minnesota local 2000 $59,923,127 tax credit/rebate and grant
Best Buy Stores, L.P. Kentucky state 2007 $12,000,000 tax credit/rebate
Best Buy Warehousing Logistics Inc. Kentucky state 2011 $2,000,000 tax credit/rebate
Nichols Distribution, LLC New York state 2005 $1,822,922 enterprise zone
Nichols Distribution, LLC New York state 2004 $1,729,674 enterprise zone
Nichols Distribution LLC New York state 2006 $1,715,289 enterprise zone
Nichols Distribution, LLC New York state 2003 $1,687,500 enterprise zone
Nichols Distribution, LLC New York state 2011 $1,668,390 enterprise zone
Nichols Distribution, LLC New York state 2010 $1,613,942 enterprise zone
BEST BUY #607 Illinois local 2006 $1,500,000 tax credit/rebate
Nichols Distribution New York local 2015 $1,440,509 tax credit/rebate
Nichols Distribution New York local 2016 $1,430,389 tax credit/rebate
Nichols Distribution LP (formerly Best Buy Stores) New York local 2006 $1,389,373 tax credit/rebate; property tax abatement
Best Buy Stores - Nichols Distribution LP New York local 2005 $1,335,077 tax credit/rebate; property tax abatement
Nichols Distribution New York local 2008 $1,193,790 tax credit/rebate; property tax abatement
Nichols Distribution New York local 2009 $1,160,962 tax credit/rebate; property tax abatement
Nichols Distribution New York local 2007 $1,157,111 tax credit/rebate; property tax abatement
Nichols Distribution New York local 2010 $1,084,397 tax credit/rebate; property tax abatement
Nichols Distribution, LLC New York state 2012 $1,064,508 enterprise zone
Nichols Distribution, LLC New York state 2013 $936,434 enterprise zone
Nichols Distribution, LLC New York state 2009 $822,665 enterprise zone
Best Buy Stores - Nichols Distribution LP New York local 2004 $644,990 tax credit/rebate; property tax abatement
Nichols Distribution New York local 2014 $630,845 tax credit/rebate
Nichols Distribution New York local 2011 $589,819 tax credit/rebate; property tax abatement
Nichols Distribution New York local 2013 $399,910 tax credit/rebate; property tax abatement
Nichols Distribution, LLC New York state 2008 $335,657 enterprise zone
Nichols Distribution, LLC New York state 2014 $263,108 enterprise zone
BEST BUY STORES, L.P New York local 2012 $251,719 property tax abatement
BEST BUY STORES, L.P New York local 2011 $251,669 property tax abatement
Partsearch Technologies, Inc. New York state 2008 $246,925 enterprise zone
Nichols Distribution, LLC New York state 2007 $226,903 enterprise zone
Best Buy Stores, LP, a Virginia Limited Partnership Kentucky state 2007 $192,560 training reimbursement
Best Buy Stores, LP Louisiana state 2009 $183,286 Enterprise zone
Nichols Distribution New York local 2012 $154,006 tax credit/rebate; property tax abatement
Best Buy Stores, L.P., a Virginia Limited Partnership Kentucky state 2007 $135,740 training reimbursement
Nichols Distribution, LLC New York state 2015 $133,990 enterprise zone
Partsearch Technologies, Inc. New York state 2005 $130,000 enterprise zone
Best Buy Stores LP Kentucky state 2011 $100,000 training reimbursement
Best Buy Stores, L.P. Kentucky state 2012 $100,000 training reimbursement
Best Buy Stores, L.P. Kentucky state 2016 $100,000 training reimbursement
Partsearch Technologies Inc. New York state 2006 $97,000 enterprise zone
Partsearch Technologies Inc. New York state 2007 $85,000 enterprise zone
Best Buy Stores, L.P. Colorado state $63,592 tax credit/rebate
BEST BUY STORES, L.P New York local 2011 $56,948 property tax abatement
BEST BUY STORES LP Maine state 2012 $51,575 property tax abatement
BEST BUY STORES LP Maine state 2013 $50,909 property tax abatement
BEST BUY STORES, L.P New York local 2012 $47,466 property tax abatement
BEST BUY STORES LP Maine state 2011 $46,828 property tax abatement
BEST BUY COMPANY, INC. California state 2006 $41,054 training reimbursement
BEST BUY STORES LP Maine state 2014 $38,033 property tax abatement
BEST BUY STORES LP Maine state 2017 $29,160 property tax abatement
Nichols Distribution, LLC New York state 2002 $28,500 enterprise zone
Best Buy Stores, LP United States federal 2010 $28,462 federal grant
BEST BUY STORES LP Maine state 2016 $27,858 property tax abatement
BEST BUY STORES LP Maine state 2015 $23,435 property tax abatement
BEST BUY STORES LP Maine state 2009 $21,743 property tax abatement
Partsearch Technologies, Inc. New York state 2004 $10,000 enterprise zone
Partsearch Technologies, Inc. New York state 2003 $8,000 enterprise zone
Best Buy Stores, L.P. Colorado state 2017 $5,467 tax credit/rebate
Best Buy Stores, L.P. Colorado state 2014 $2,220 tax credit/rebate
Best Buy Stores, L.P. Colorado state 2017 $2,149 tax credit/rebate
Best Buy Stores, L.P. Colorado state 2013 $1,595 tax credit/rebate
Best Buy Stores, L.P. Colorado state 2014 $1,035 tax credit/rebate
Best Buy, Inc. California state 2004 undisclosed training reimbursement
BEST BUY STORES, LP New Jersey state undisclosed tax credit/rebate; property tax abatement
BEST BUY STORES, LP New Jersey state undisclosed tax credit/rebate; property tax abatement
BEST BUY STORES, LP New Jersey state undisclosed tax credit/rebate; property tax abatement
BEST BUY STORES, LP New Jersey state undisclosed tax credit/rebate; property tax abatement
BEST BUY STORES, L.P. New Jersey state undisclosed tax credit/rebate; property tax abatement
Best Buy Co., Inc. Ohio state 1995 undisclosed tax credit/rebate
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