Best Buy to Match Some Rivals’ Online Pricing
NEW YORK (AP) - Best Buy says it has authorized its store staffers to match online prices of competitors in some cases as it heads into the holiday season.
The Minnesota-based retailer and others already offer price-matching guarantees for local competitors' brick-and-mortar stores. But stores don't usually match online prices, since those tend to be lower.
But competition from online merchants and discount stores is expected to be fierce during the crucial holiday period - when a retailer can make up to 40 percent of annual sales.
Best Buy's online price matching program isn't absolute.
Spokeswoman Amy von Walter says it applies to appliances and electronics and will be given on an "if asked" basis at the discretion of Best Buy staffers on the sales floor.
The offer is valid Nov. 4 to Nov. 17 and Nov. 27 to Dec. 24.
(Copyright 2012 by The Associated Press. All Rights Reserved.)