Wearing a Santa hat and a big smile, Best Buy CEO Hubert Joly was feeling, well, jolly as he topped off waffles with heaps of whipped cream and took selfies with employees Monday at the company's annual holiday breakfast.

The holiday shopping season is the busiest time of year for the electronics chain, especially in this final two-week sprint to Christmas. So to show their appreciation, Best Buy's top executives host the annual breakfast for corporate employees in the cafeteria at the retailer's Richfield headquarters.

In addition to Joly, other top executives who greeted employees and took turns serving employees waffles, eggs, bacon, sausage and coffee were finance chief Corie Barry, chief merchant Mike Mohan, human resources chief Kamy Scarlett, as well as other officers.

This year, the event also featured a gingerbread house made in the image of a Best Buy store replete with the big yellow sign.

--Kavita Kumar