Best Buy CEO Hubert Joly: Price-matching Means 'Price Is Off the Table'

Electronics retail giant says it has invested in stores with key vendors.
1:42 | 11/22/13

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Transcript for Best Buy CEO Hubert Joly: Price-matching Means 'Price Is Off the Table'
I -- Paula parents from newsmakers and we -- here when it. That's nice CEO you -- illegals and talents of the past eyes we can find figures during this holiday season and first question to keep a lot of deals. Under wraps what's the strategy. Well we do this is a very usually confusing because everybody shouldn't price -- everybody so as a result price is no longer an issue. We've -- -- we kicking this off the table. It's not they're not every tiny planets -- Well -- focus we really believe that prices -- because it's almost Black Friday every day everybody's messing everybody you can easily be here that you haven't done. Through its -- about the customer and retail this is how you. Soon we have the biggest source who you're gonna. We've investing in our stores with -- vendors who you know you'll see with the windows and apple -- Samsung. We have stores and resources we have. Product excellence -- need to to -- how confident are you. Well you know best buys back a year ago people thought about -- best -- was not in great shape. Our teams -- working really hard to make ourselves very relevant. Visit the continues passionate about the consumer. And I am procedures -- -- an assortment McDill investments we've made in blue shirts. Price competitiveness. We think we have a unique customer experience through -- Evangeline we thank you so much for your time he ends -- the big diamond. Here at best buy for that -- -- makers -- -- parent you can also check me out of my daughter Hannah at college.

This transcript has been automatically generated and may not be 100% accurate.

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