Newegg Unveils Black Friday Price Protection Program to Help Customers Shop Early with Confidence This Holiday Season

LOS ANGELES--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading tech-focused North American e-retailer, today unveiled its Black Friday Price Protection program ahead of what is widely expected to be the earliest start to the holiday shopping season in recent memory. Supply chain challenges, coupled with unusually high demand for a wide range of technology products, means customers will be looking to start their holiday shopping earlier. For the second year in a row, Newegg will offer price protection on select products to reward early shoppers with the reassurance that, if the product they purchased drops in price, Newegg will automatically refund the difference. Between now and the official start of Newegg’s Black Friday sale on November 21, 2021, the company will offer deep discounts on hundreds of items, with fresh deals revealed each week.

“We’re launching our Black Friday Price Protection program earlier than ever to reassure holiday shoppers that they can shop with confidence now while supplies are strong. We’ll be adding deals on a rolling weekly basis, so keep checking back to take advantage of the latest deals,” said Anthony Chow, Global CEO of Newegg. “While competitive pricing and the convenience of quick delivery continue to fuel the growth of online shopping, we expect this holiday shopping season to be unlike any other, so we are taking extra steps to ensure customers can shop early and still benefit from discounts that may occur during our Black Friday sale.”

If a customer purchases an eligible product displaying the “Black Friday Price Protection” badge on Newegg.com between October 14 and November 21, 2021, and then subsequently that same product is discounted to a lower price on Newegg.com on or before November 30, 2021, Newegg will automatically refund the difference to the original payment method. There’s no need to track prices or submit a claim – refunds will be processed automatically by December 6, 2021. Visit www.newegg.com/blackfridaypriceprotection for full terms & conditions.

To ensure customers are 100% satisfied with their purchases, Newegg is making returns easier than ever this holiday season with a new and improved returns policy. Look for products displaying the 30-Day Hassle-Free Returns badge.

And for technology enthusiasts in search of the ultimate holiday gift, customers can now design custom PCs on Newegg.com. Newegg’s professional PC assembly service lets holiday shoppers design their own computers on the Newegg PC Builder using the latest, hard-to-find computer components from Newegg’s extensive inventory. Completed builds can be delivered to customers anywhere in the U.S. in about a week.

This will be a holiday season like no other. Many in-demand products will be in short supply, but Newegg has you covered with our Black Friday Price Protection program. For more information and to shop Newegg, visit www.newegg.com. Like Newegg on Facebook, subscribe to Newegg on YouTube and follow Newegg on Twitter to stay up to date on the company’s latest news.

About Newegg Commerce, Inc.

Newegg Commerce, Inc., headquartered in the City of Industry, California, is a leading tech-focused e-retailer in North America and serves a global customer base throughout Europe, Asia Pacific, Latin America and the Middle East. Founded in 2001, the company offers direct sales and an online marketplace platform for desktop PCs and IT computer hardware, consumer electronics, automotive, gaming products and finished goods. Newegg also offers an extensive portfolio of technology, marketing, logistics and other partner services to help companies grow their business. For more information, please visit https://www.newegg.com/.

This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although Newegg believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. The Company's SEC filings are available at http://www.sec.gov.