Best Buy Makes Its Price Matching Policy Permanent

By  |  February 17, 2013
 | 

Best Buy has announced that it will make its holiday price matching policy a permanent, year-round fixture in order to combat showrooming, reports Bloomberg.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    “We are going to a low-price guarantee,” said Matt Furman, a spokesperson for Best Buy. “There is no doubt that this new policy ends showrooming for Best Buy customers.”

    The company is also reducing its merchandise return policy from 30 days to 15 days. It’s an interesting move after the company lost $65,000 in one day over the holidays.

    Read the full story here.


    Recommended

    Caviar billionaire phone

    Drones, Diamonds and the Ultra-Extravagant Impulse Buy

    extended family, consumer finances

    Proactive Technology Helps Extended Households Turn Strain Into Stability

    b2b, freight, logistics

    B2B Logistics Resets for 2026 as Old Pricing Models Break Down

    Fiserv

    Fiserv, Mastercard Expand Partnership to Enable AI-Initiated Commerce

    See More In: