Last minute shopping: extended hours, $1 iPhone all trying to win your purchase power!

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NEW YORK – Last-minute holiday shoppers needn’t worry — there are some retailers out there that have their backs!

Walmart and Kohl’s are extending their hours so that Santa’s helpers can shop until the very last minute.

Walmart said Thursday that its stores will be open until 8 p.m. local time on Christmas Eve.

For those who want to do their Christmas shopping online, Walmart said they can order up to Dec. 20 for standard delivery and as late as Dec. 22 for rush deliveries. Customers can also order for store pick-ups as late as 6 p.m. local time Dec. 23.

The late shipping may come as welcomed news to those shipping during the holidays. UPS customers have until Dec. 18 to send an item via UPS 3 Day Select package to make sure it arrives in time for Christmas.

Meanwhile, Dec. 15 was the final day to send something via standard mail for guaranteed delivery in time for Christmas. FedEx Home Delivery’s cut off was Dec. 16.

Walmart said it is also dropping its free shipping minimum-purchase threshold on Friday. That amount is typically $50.

Kohl’s will be staying open 24/7 until Christmas.

And it’s not just longer hours that stores are promoting.

If you’ve been waiting for a low, low price on a new iPhone, your moment has arrived.

Best Buy is selling the 16GB iPhone 6s for $1 on Friday. The catch? Buyers have to sign up for a two-year contract with Verizon or Sprint.

As if that wasn’t enough of a bargain, Best Buy will throw in a $200 gift card if you’re also trading in a working iPhone 5.

64GB and 128GB iPhone models don’t appear to be included in the offer.

The iPhone 6s is expected to be a hot seller this holiday season. CEO Tim Cook has said that Apple will likely sell a record number of iPhones, besting the 74.5 million iPhones sold during the last three months of 2014.

The average price that Apple customers spent on iPhones was $670 last quarter, up an impressive $67 from a year ago.

The company sold 48 million iPhones last quarter, which was 22% more than it sold during the same period a year ago. But the money Apple made from those iPhone sales grew even more — 36% — over last year.