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$105,089,48676
Federal (grants and allocated tax credits)$28,4621
TOTAL$105,117,94877
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 2011.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

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

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$28,244,61438
Kentucky$14,703,3008
Illinois$1,500,0001
Maine$335,87910
All other$382,56618

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)
Company Location Subsidy Source Year Subsidy Value Loan/Bailout Value Type of Subsidysort icon
Best Buy Stores, LP Louisiana state 2009 $183,286 Enterprise zone
Nichols Distribution LLC New York state 2006 $1,715,289 enterprise zone
Partsearch Technologies Inc. New York state 2006 $97,000 enterprise zone
Nichols Distribution, LLC New York state 2007 $226,903 enterprise zone
Partsearch Technologies Inc. New York state 2007 $85,000 enterprise zone
Nichols Distribution, LLC New York state 2004 $1,729,674 enterprise zone
Nichols Distribution, LLC New York state 2005 $1,822,922 enterprise zone
Nichols Distribution, LLC New York state 2008 $335,657 enterprise zone
Nichols Distribution, LLC New York state 2009 $822,665 enterprise zone
Nichols Distribution, LLC New York state 2010 $1,613,942 enterprise zone
Nichols Distribution, LLC New York state 2002 $28,500 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 2012 $1,064,508 enterprise zone
Nichols Distribution, LLC New York state 2013 $936,434 enterprise zone
Nichols Distribution, LLC New York state 2014 $263,108 enterprise zone
Nichols Distribution, LLC New York state 2015 $133,990 enterprise zone
Partsearch Technologies, Inc. New York state 2005 $130,000 enterprise zone
Partsearch Technologies, Inc. New York state 2008 $246,925 enterprise zone
Partsearch Technologies, Inc. New York state 2003 $8,000 enterprise zone
Partsearch Technologies, Inc. New York state 2004 $10,000 enterprise zone
Best Buy Stores, LP United States federal 2010 $28,462 federal grant
BEST BUY STORES LP Maine state 2009 $21,743 property tax abatement
BEST BUY STORES LP Maine state 2011 $46,828 property tax abatement
BEST BUY STORES LP Maine state 2012 $51,575 property tax abatement
BEST BUY STORES, L.P New York local 2011 $56,948 property tax abatement
BEST BUY STORES, L.P New York local 2011 $251,669 property tax abatement
BEST BUY STORES, L.P New York local 2012 $47,466 property tax abatement
BEST BUY STORES, L.P New York local 2012 $251,719 property tax abatement
BEST BUY STORES LP Maine state 2013 $50,909 property tax abatement
BEST BUY STORES LP Maine state 2014 $38,033 property tax abatement
BEST BUY STORES LP Maine state 2015 $23,435 property tax abatement
BEST BUY STORES LP Maine state 2016 $27,858 property tax abatement
BEST BUY STORES LP Maine state 2017 $29,160 property tax abatement
BEST BUY STORES LP Maine state 2018 $23,169 property tax abatement
BEST BUY STORES LP Maine state 2019 $23,169 property tax abatement
Best Buy Warehousing Logistics Inc. Kentucky state 2011 $2,000,000 tax credit/rebate
Best Buy Stores, L.P. Kentucky state 2007 $12,000,000 tax credit/rebate
BEST BUY #607 Illinois local 2006 $1,500,000 tax credit/rebate
Best Buy Stores, L.P. Colorado state $63,592 tax credit/rebate
Best Buy Co., Inc. Ohio state 1995 undisclosed tax credit/rebate
Best Buy Stores, L.P. Colorado state 2014 $1,035 tax credit/rebate
Best Buy Stores, L.P. Colorado state 2013 $1,595 tax credit/rebate
Best Buy Stores, L.P. Colorado state 2014 $2,220 tax credit/rebate
Nichols Distribution New York local 2014 $630,845 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
Best Buy Stores, L.P. Colorado state 2017 $2,149 tax credit/rebate
Best Buy Stores, L.P. Colorado state 2017 $5,467 tax credit/rebate
Best Buy Warehousing Logistics, Inc. Colorado state 2019 $39,353 tax credit/rebate
Best Buy Stores, L.P. Colorado state 2019 $9,360 tax credit/rebate
Best Buy Stores, LP Colorado state 2019 $8,114 tax credit/rebate
Best Buy Stores, LP Colorado state 2019 $5,227 tax credit/rebate
Best Buy Stores, LP Colorado state 2019 $5,097 tax credit/rebate
Best Buy Stores, LP Colorado state 2019 $4,240 tax credit/rebate
Best Buy Stores, LP Colorado state 2019 $3,532 tax credit/rebate
Best Buy Stores, L.P. Colorado state 2019 $2,672 tax credit/rebate
Best Buy Stores, LP Colorado state 2019 $2,304 tax credit/rebate
Best Buy Stores, LP Colorado state 2019 $2,269 tax credit/rebate
Nichols Distribution 2 New York local 2019 $399,227 tax credit/rebate
Best Buy Co. Inc. Minnesota local 2000 $59,923,127 tax credit/rebate and grant
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 - Nichols Distribution LP New York local 2004 $644,990 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 LP (formerly Best Buy Stores) New York local 2006 $1,389,373 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 2009 $1,160,962 tax credit/rebate; property tax abatement
Nichols Distribution New York local 2010 $1,084,397 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
Nichols Distribution New York local 2008 $1,193,790 tax credit/rebate; property tax abatement
Nichols Distribution New York local 2011 $589,819 tax credit/rebate; property tax abatement
Nichols Distribution New York local 2012 $154,006 tax credit/rebate; property tax abatement
Nichols Distribution New York local 2013 $399,910 tax credit/rebate; property tax abatement
BEST BUY COMPANY, INC. California state 2006 $41,054 training reimbursement
Best Buy, Inc. California state 2004 undisclosed training reimbursement
Best Buy Stores, LP, a Virginia Limited Partnership Kentucky state 2007 $192,560 training reimbursement
Best Buy Stores, L.P., a Virginia Limited Partnership Kentucky state 2007 $135,740 training reimbursement
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
Best Buy Stores, L.P. Kentucky state 2019 $75,000 training reimbursement
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)