Best Buy® Announces Deep Discounts on the Hottest Tech Gifts and Offers Tips to Make the Most of Last-Minute Shopping

Shoppers Score Great Deals In-Store and Online at BestBuy.com

MINNEAPOLIS, Dec. 22, 2011 – According to the National Retail Federation, as of late last week close to 37 million people had not even started their holiday shopping^[1].  For those still seeking the perfect gift at the eleventh-hour, Best Buy is offering great savings on a wide selection of must-have tech gifts in-store and online. With shipping deadlines quickly approaching, shoppers can still get their gifts in time for Christmas with Best Buy`s convenient in-store pick-up option. In-store pick-up, coupled with extended store hours, unrivaled financing options and superior service, make Best Buy the perfect destination to help ease consumers through the last-minute shopping rush. 

“In these final days of holiday shopping, Best Buy brings peace of mind to customers searching for the perfect gift at a great value,” says Barry Judge, chief marketing officer for Best Buy. “With the help of our top-notch team of Blue Shirts and Geek Squad Agents and unmatched selection, folks can find the gadget gifts on everyone`s wish list and get back to connecting with friends and family – which is what the holidays are all about.”

Order these last minute gifts online starting at 11:00 p.m. CST on Dec. 22 and pick-up in-store on Dec.23 during the Best Buy After Hours Sale:

       · Canon PowerShot ELPH 100HS 12.1 Megapixel digital camera for $109.99, a savings of $70
       · Nikon Coolpix S3100 14.0 Megapixel digital camera for $99.99, a savings of $40 PLUS get a FREE camera bag and 4GB memory card with purchase (a $26.98 Value)
·         Hot holiday albums from Michael Buble (Christmas) and Justin Bieber (Under the Mistletoe) for only $7.99
·         HP – Laptop / AMD Quad-Core A6 Accelerated Processor / 15.6″ Display / 4GB DDR3 Memory / 500GB Hard Drive for $379.99

• RCA  42″ Class LCD 720p HDTV  for $399.99, a savings of $50.00
  • Insignia 55″ Class LED 1080p HDTV for $849.99, a savings of $650.00
  • Kobo Touch eReader with Offers for $69.99, a savings of $30.00

              
Other spectacular ideas on last-minute gifts include:
       · Best Buy 3D exclusives including Harry Potter and the Deathly Hallows Part 1 and 2, Kung Fu Panda 2 and Final Destination 5 (available for pre-order and in-store on 12/27)
       · Dynex(TM) -32″ Class LED 720p 60Hz HDTV for $199.99 (Dec. 22 deal of the day)

· Toshiba – Camileo X400 1080p Full HD Flash Memory Camcorder for $164.99 (Dec. 22 deal of the day)

· Samsung  Digital Camera ST65 Blue for $69.99 (Dec. 24 deal of the day)

· Polar – FT4 Men`s Heart Rate Monitor for $49.99 (Dec. 24 deal of the day)

For more information on these and other hot deals visit www.bestbuy.com

Tips for Last-Minute Shoppers:

• Easy Pick-Up/Delivery Options: In addition to guaranteed Christmas delivery with express and expedited shipping until Thursday, Dec. 22 at 11 a.m. ET,  Best Buy also offers last-minute shoppers the convenience of Store Pick-up for orders placed on BestBuy.com right up until 3:00 p.m., local store time on Dec. 24.
• Hot Mobile Offers: Best Buy Mobile continues to feature free smartphones, including the Verizon Droid Incredible 2 by HTC and ATT 4G BlackBerry Torch 9810 every day in December with a 2-year activation. Customers can choose from the hottest devices across all major carriers in-store, at Best Buy Mobile specialty stores and at www.bestbuy.com/freesmartphones.
• Can`t think of a gift, a gift card is the perfect solution: Best Buy gift cards remain a popular choice for anyone on your list this season. With no expiration dates or maintenance fees, Best Buy gift cards are among the most user-friendly on the market.  A variety of festive holiday designs can be purchased and redeemed in stores and where free shipping exists for all gift card orders.  If tech support is what you`re looking for, Geek Squad-branded gift cards are available in increments starting at $50.
• Protect your gear- For customers who want the protection of a service plan, from now through Dec. 31, 2011, Best Buy is offering one additional month (30 days) of Geek Squad Black Tie Protection plan coverage to anyone who buys a service plan along with their gear.

Best Buy Eases the Stress of the Season and Offers Consumers a Series of Compelling Holiday Perks
Best Buy edges out the competition this season with a series of hot holiday offers aimed at taking the stress out of holiday shopping.  Stocked with the hottest gifts at the best prices this holiday season, Best Buy`s broad selection is enhanced by a robust service-oriented experience in-store and online ensuring customers can buy with confidence. 

• Free Shipping: From now through Dec. 27, Best Buy will offer free standard shipping on all items purchased on BestBuy.com.  Unlike some retailers, no minimum purchase will be required and free shipping will apply to the more than 400,000 items like computers and accessories, gaming software and hardware and even appliances sold at BestBuy.com -with no exceptions — for the eight full weeks leading up to and immediately following Christmas Day.
• Same-Day Store Pickup:  Customers who want their gifts without delay can order their choice of products on www.bestbuy.com and conveniently pick them up at their local Best Buy store for free the in as little as 45 minutes. For last-minute gifts, shoppers can buy online as late as 3 p.m. local time, December 24.
• Ship-to-Store: Order items from an expanded online assortment and have them shipped free to a local store for easy pickup.
• Easy Returns: Best Buy takes the hassle out of holiday returns.  Recognizing that sometimes the perfect gift may be a duplicate or not quite as perfect as the giver intended, Best Buy`s return policy has been extended for purchases made this holiday shopping season. Gift purchases can be returned or exchanged-with no exclusions — now through January 24, 2012. Best Buy also has removed its restocking fee entirely, except on special orders.
• Price Matching: Best Buy customers will enjoy unbeatable prices on hot consumer electronics – guaranteed – this holiday season.  Best Buy will match its retail store competitors on any identical available product for sale now through December 24, 2011 (November 24 Thanksgiving Day through November 28 Cyber Monday excluded).  Best Buy customers who make a purchase during those dates also will have the peace of mind that, should Best Buy or a local retail store competitor reduce the price before January 24, 2012, Best Buy will match the new lower price – just let us know.
•  Financing: The company`s no-interest financing² is available storewide and online, for purchases of $429 and above if paid in full in 18 months and for purchases of $149 and above if paid in full in 6 months.  Additionally, for all home theater purchases totaling $899 and up, shoppers can receive no-interest financing if paid in full in 36 months.  Interest will be charged to the customer`s account from the purchase date if the purchase balance is not paid in full in 18, 6 or 36 months or if the customer makes a late payment. 

About Best Buy Co., Inc.
Best Buy Co., Inc. (NYSE: BBY – News) is a leading multi-channel global retailer and developer of technology products and services. Every day our employees – 180,000 strong – are committed to helping deliver the technology solutions that enable easy access to people, knowledge, ideas and fun. We are keenly aware of our role and impact on the world, and we are committed to developing and implementing business strategies that bring sustainable technology solutions to our consumers and communities. For information about Best Buy, visit www.bby.com and to shop at Best Buy, visit www.bestbuy.com.

1      Best Buy will match the price if you find a lower price on an identical available product at a local retail competitor`s store, a local Best Buy Retail Store or BestBuy.com. Simply let us know when you are making your purchase or during the return and exchange period. Perfect Match Promise products have an extended 60-day price match period. The Guarantee does not apply to: Our competitors` website prices, offers that include financing, bundling of items, free items, pricing errors, mail-in offers, competitors` service prices, items that are advertised as limited-quantity, out of stock, open-box, clearance, refurbished/used items, BestBuy.com Midnight Sale and special hour sale events, BestBuy.com Outlet Center and Marketplace items, and items for sale Thanksgiving Day through the Monday after Thanksgiving.
2      Min. total purchase required. Min. Payments required. On approved purchases on the Best Buy consumer credit cards offered by HSBC Bank Nevada, N.A. Certain rules apply to the allocation of payments and Interest Charges on your promotional purchase, if you make more than one purchase on your credit card. Call 1-888-367-4310 or review your cardholder agreement for info. All APRs are variable, based on creditworthiness and accurate as of 12/1/2011. Reward Zone Credit Card: Standard APRs: 24.24%-27.99%; Penalty APRs: 29.24%-29.99%; Min. interest charge: $2; Reward Zone MasterCard: Purchase and Balance Transfer APRs: 17.99% – 22.99%; balance transfer fee is the greater of $15 or 3% of the amount of each transfer; Cash APR: 25.99%; cash advance fee is the greater of $10 or 5% of the amount of each cash advance, cash advances via ATM or over the counter; or the greater of $20 or 5% of the amount of each cash advance for all other cash advances; Penalty APR: 29.99%; Foreign Transaction Fee: 3% of each transaction in US dollars; Min. interest charge: $1; Annual Fee: $0-$59, based on creditworthiness.”

[1] According to NRF 2011 Holiday Consumer Intentions and Actions Survey

Media Contact: Erin Bix                                                                                               
Manager, Public Relations
(612) 291-7965 or erin.bix@bestbuy.com

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Best Buy PR via Thomson Reuters ONE
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