Updated:
Original:

Best Buy takes aim at Walmart price-comparison ads

Author:

Walmart's aggressive advertising campaign that specifically names competitors in radio and TV spots has irked the rivals, including Best Buy.

The Walmart ads claim to have lower prices on specific items than competitors like the Minnesota-based electronic retailer, the Wall Street Journal reports.

Walmart says the ads are accurate. But Best Buy says the Walmart ads don't compare products that are exactly the same. Best Buy and a few others have complained to attorneys general in several states.

Best Buy complained about a Walmart ad that ran during the holidays that claimed a Dell laptop cost an additional $251 at Best Buy, the Journal reported. But Best Buy officials said that the two laptops being compared were not the same models and that the one it offered had a longer battery life, the newspaper reported.

Next Up

Anthony Edwards

Timberwolves smash Rockets in season opener

The Timberwolves showed they have plenty of firepower in a victory over Houston.

Knuth - Nezhad - side by side

Frey challengers Knuth, Nezhad agree to rank each other 2nd

They're urging supporters to do the same on Nov. 2.

Jerome Horton - Sherburne Co. Jail - CROP

Charges: Man lied to buy gun later used by St. Paul mass shooting suspect

He's accused of making false statements during the purchase of a firearm.

Screen Shot 2021-06-04 at 6.30.24 AM

BCA releases investigative file in Winston Smith's shooting death

The file contains 1,000 pages of documents, hundreds of photos and dozens of audio files.

Slice

Fire at Mpls. pizza joint weeks after opening, owners suspect arson

The owners arrived at work Tuesday to find the building on fire.

vaccine, covid

New COVID charts show hospitalization, death rates based on vaccine status

The unvaccinated are far more likely than the fully vaccinated to become hospitalized or die.

Flickr - Superior National Forest Boundary Waters

White House begins process to ban new mining near BWCAW

The stated goal is to protect the "unique natural wonder" of the BWCAW.

Autumn Merrick, Autumn Rose Merrick

Man charged in shootout, crash that killed 18-year-old on scooter

Autumn Rose Merrick was with a friend near the Holiday gas station.

Related

Even as CEO shrugs off 'showrooming,' Best Buy to match online prices

Minnesota-based Best Buy Co. is planning to match the prices of Internet competitors such as Amazon.com Inc. this holiday season, even as it plays down its concerns over shoppers browsing gadgets in stores only to buy them for less online, the Wall Street Journal reports.

Best Buy bid delayed?

Richard Schulze wants more time before making an offer for Best Buy, the company that he founded. Reuters reports Schulze, who has been working on his offer for months, is expected to take a 30-day extension to mid-December before submitting his final purchase proposal to Best Buy's board. Citing sources close to Schulze, the Star Tribune reported that his bid would come next week.

An electric week for Best Buy

Minnesota-based electronics retail giant Best Buy, reeling from a string of bad news in recent months, had another interesting week. On Thursday, founder Richard Schulze cut ties to the company's board. Would he sell his stake in the company, position himself for a private takeover, or something else?