If you’re looking for a new television, we’ve got some tips for you. We look at Best Buy’s price match guarantee and Geek Squad’s in-home tech support services, as well as the company’s expansion plans across Canada. Then, we look at some of the most important features and benefits of buying TVs from Best Buy. You’ll be amazed by what you can find there. And, we’ll tell you about the best ways to use those services!
Best Buy’s price match guarantee
Are you looking for a new television? If so, Best Buy’s price match guarantee can help you get the best deal on the latest technology. This price match policy helps consumers purchase new items for a lower price when they find a lower advertised one elsewhere. This policy is limited to certain products and stores. You will not be able to use this price match guarantee if you bought the item at a store not listed in Best Buy’s Authorized retailer list. Unlike some retailers, Best Buy won’t price match items sold at retail outlets outside of the chain.
To use the price match policy, customers need to make a request to Best Buy Customer Service. You can reach the Best Buy Customer Service center to make a price adjustment request, or send a message via email. Customers can only use the price match guarantee if they make their request during the same day they purchased the item. Customers cannot claim price matching if the item is on sale through another retailer, on a third party website, through an hourly or mail-in offer, or if the price has been reduced by a competitor. Best Buy does not handle price corrections for refurbished items or other items.
Geek Squad’s at-home tech support services
If you are having trouble setting up a new computer or a laptop, you can use the Geek Squad’s at-home tech assistance service. These professionals are on hand around the clock to help you fix problems and set up your new product. They can even perform diagnostics to determine the root cause of the problem. This service is as good as having your own private unlimited IT department.
For the most part, this service covers a wide range of technology problems, including software installations and common computer issues. It also offers protection plans that allow users to keep their new devices long after the manufacturer’s warranty expires. Most warranties cover your new device only for a certain time, but the protection plans offered by Geek Squad last up to five years. It also includes an in-home technician who can help you set up your own network or fix your home computer.
Its acquisition of Magnolia Hi-Fi
The acquisition of Magnolia Hi-Fi, Inc., the Seattle-based music and video retailer, came at a time of restructuring at Best Buy. Its parent company, Best Buy, was already cutting its workforce after selling Circuit City and a handful of smaller stores. The resulting reduction in staffing may allow Best Buy to focus on other areas of the business, such as the high-end stores where big-ticket customers demand lots of hand-holding.
The acquisition, which was announced in late November, brings together two companies that operate hundreds of stores in 41 states. Best Buy operates a chain of stores that sell computers, home entertainment electronics, software and music, while Musicland operates 1300 music and video stores. The price tag for the acquisition of Musicland is $685 million, which includes the assumption of $260 million in debt. The deal is expected to close in early 2001, while the acquisition of Magnolia Hi-Fi will be close to $100 million.
Its plans to expand in Canada
If you have been following Best Buy Canada’s plans to expand its online presence, you may have noticed that the company has been rapidly expanding its product selection. In 2001, Best Buy purchased the local electronics store, Future Shop Ltd., and left the Future Shop name intact. As a result, Best Buy Canada has become one of the largest online retailers of luggage and fitness equipment, and has a significant share of the market for baby gear. The company’s plans to expand in Canada have included a shift from traditional brick and mortar stores to eCommerce sites, and the marketplace is growing its product selection by as much as ten times.
Although the company already has nearly 1,100 big box stores in the U.S., the company is still planning to expand into other countries. The company is currently targeting Canada and the United States as its key markets. Best Buy believes it can operate two brands in one market. However, the company is facing some challenges. For one thing, Wal-Mart is now a major competitor in electronics retail, while Circuit City Stores Inc. is being liquidated.
Its plans to acquire Pacific Sales Kitchen and Bath Centers
The Minneapolis-based electronics retailer announced its plans to acquire Pacific Sales Kitchen and Bath Center, a privately held firm with 14 showrooms in Southern California. The acquisition is expected to close this month. Pacific Sales offers high-end appliances and home furnishings, as well as customized service, and aims to appeal to upscale customers. The transaction is expected to be accretive to Best Buy’s earnings in 2007.
While the move is a good fit for Best Buy, it is not clear how the deal will affect the current operations of Pacific Sales. The company has a limited number of stores in Orange County, where housing costs are high. It is unclear how the acquisition will affect the stores in that county, and how Best Buy plans to integrate them into the Best Buy brand. But, it is a sign of the company’s commitment to its existing brands.
