Best Buy to match some rivals' online pricing
NEW YORK (AP) -- Best Buy said Friday that it has authorized its store staffers to match online prices of competitors in some cases, as it ramps up for the all-important holiday season.
Best Buy 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.
Competition between 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 said that 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. That's the same way that the price matching guarantee works for local competitors' brick-and-mortar store prices.