NEW YORK --- Few if any of the deals retailers have offered online during the recession have been as good as Best Buy Inc.'s sale price of $9.99 on a 52-inch TV Wednesday.
But the electronics retailer said it will not honor the $9.99 price posted Wednesday morning on its Web site for a 52-inch Samsung flat-screen TV. By early afternoon, the TV was listed at $1,799.99, almost half off the original $3,399.99 price.
Bloggers and Twitterers lit up the Internet with posts about the offer, some insisting Best Buy must honor it, others making jokes.
Best Buy, based in Richfield, Minn., said it has corrected an online pricing error and will not honor the incorrect price. Orders made Wednesday morning at the incorrect price will be canceled, and customers will receive refunds, the company said.
Best Buy did not immediately return a call for further comment.
Shares fell 27 cents to close at $36.50 Wednesday.
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The don't honor 1/2 of their legitimate sales or warranties so it certainly shouldn't be a supprise they don't honor this. Frankly, I would have to agree with them, it was a simple error which anyone should obviously understand and shouldn't be honored. However, that doesn't take away from their terrible customer service and honoring of many agreements which they fail to properly do on a daily basis.
accidents happen and if they had to honor this, they would be bankrupt.