Current:Home > FinanceIn the mood for holiday shopping? Beware, this year more stores are closed on Thanksgiving -AssetLink
In the mood for holiday shopping? Beware, this year more stores are closed on Thanksgiving
View
Date:2025-04-14 05:01:15
More retailers are announcing closures on Thanksgiving Day, a nod to a change in consumer habits and as a way for employers to demonstrate care to their workers, a consumer behaviorist and workplace expert said.
The holiday closures are a stark contrast from several years ago, when shoppers were finishing Thanksgiving dinner early in order to get to the mall or other stores for a jump on Black Friday sales.
Several major retailers have announced closure plans for the holiday.
Simon Properties, one of the nation’s largest mall operators said it plans to close its malls on Thanksgiving Day for the fourth consecutive year.
Best Buy, J.C. Penney, Kohl's, and Walmart have pledged to remain closed this year on Thanksgiving Day. All four of those retailers were open on Thanksgiving Day in 2019, but the COVID-19 pandemic in 2020 caused retailers to close on Thanksgiving.
Several grocery stores, including popular chains such as Kroger, Albertsons, and Stop & Shop, have also announced that they will reduce their holiday operating hours to allow their employees to enjoy quality time with their loved ones. Trader Joe's will be closed on Thanksgiving.
Only a handful of chains, including CVS, Walgreens, and Rite Aid, will maintain their usual hours Thanksgiving.
“In the past, when the vast majority of retailer sales were made in person at physical stores, retailers kept trying to one-up each other by starting their Black Friday sales earlier and earlier as a potential competitive advantage,” said Mathew Isaac, chair of the marketing department at the Seattle University Albers School of Business and Economics. His research focuses on consumer judgment and decision making.
“Eventually, this tactic spilled over into Thanksgiving as some retailers began offering Black Friday sales on Thursday itself,” he said.
Why are retailers staying closed on Thanksgiving?
But things have changed. Black Friday used to represent the official start of the holiday shopping season, said Isaac. That’s no longer the case as retailers have been starting their Black Friday holiday sales much earlier, even as early as October like Amazon Prime Days, he said.
“It is no longer crucial for them to focus so much on any one particular day since the start of the holiday shopping season is much more fluid than it used to be previously. Even the line between Black Friday and Cyber Monday has blurred.”
Since retailers are focusing on both online and in-store sales, it is not as crucial for them to get people physically into the stores on Thanksgiving and Black Friday, said Isaac.
Retailers have a variety of reasons for closing on Thanksgiving, said Katherine Cullen, vice president of industry and consumer insights for the National Retail Federation.
"Individual retailers make the decision on how to operate on Thanksgiving Day based on what is best for their own employees, customers and business," she said. "Some retailers may choose to close on Thanksgiving Day while others spread out their 'Black Friday' deals both in stores and online throughout the holiday season."
Not open for business:One of America's largest mall operators to close shopping centers on Thanksgiving Day
Thanksgiving Day closure could be good for business
Thanksgiving Day closures could also be good for business or a retailers’ public image, said Isaac. Many employees don’t want to work on Thanksgiving and retailers don’t have to pay overtime.
“Given that nowadays (post-pandemic) it is probably only a relatively small segment of consumers that would consider shopping in person on Thanksgiving itself, the financial benefit to the retailer of staying open on Thursday is somewhat unclear,” he said. Many companies are also paying more attention to the needs of employees and public perception.
Tell us how you feel:How are you feeling about this holiday shopping season? Tell us in this survey.
“Ironically, closing could be viewed positively by consumers, too, since consumers increasingly want to support brands that are ‘good citizen’” and ‘caring employer’ whose values align with their own,” he said.
Laurens Steed, a business professor who specializes in employee well-being agrees.
“Research demonstrates that taking time away from work is good for employees so that they can recover from work stress, which has implications for their mental and physical well-being,” said Steed, an assistant professor of management at the University of Cincinnati’s Lindner College of Business.
A positive public image also can help a retailer, she said.
“In the grand scheme of all of the shopping that goes on in the holiday season, I’d be surprised if that extra 12 hours of shopping makes a difference to any giant retailer. However, in any individual employee’s life, getting to spend a holiday with the people you care about can be worth so much.”
Betty Lin-Fisher is a consumer reporter for USA TODAY. Reach her at blinfisher@USATODAY.com or follow her on X, Facebook or Instagram @blinfisher.
veryGood! (1)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Joey Chestnut nearly eclipses Nathan's contest winner during exhibition at Army base in Texas
- 2 dead and 9 injured after truck strikes group celebrating July 4 in Manhattan park
- Giant salamander-like predator with fangs existed 40 million years before dinosaurs, research reveals
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- New UK prime minister Keir Starmer vows to heal wounds of distrust after Labour landslide
- How an automatic watering system can up your plant game
- Taylor Swift brought back this song cut from Eras Tour for surprise set in Amsterdam
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Martha Stewart posted photos of her beige living room, and commenters took it personally
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- People evacuated in southeastern Wisconsin community after floodwaters breach dam
- Simone Biles Says Not Everyone Needs a Mic Amid MyKayla Skinner Controversy
- How long to cook burgers on grill: Temperatures and times to remember.
- Skins Game to make return to Thanksgiving week with a modern look
- Track Hurricane Beryl as it rages toward Mexico after ripping through Caribbean
- Conservative Justice Amy Coney Barrett shows an independence from majority view in recent opinions
- Does Dad of 4 Boys Michael Phelps Want to Try for a Baby Girl? He Says…
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
What to look for in the U.S. government's June jobs report
Want to buy or sell a home? How to get a 3% mortgage rate, negotiate fees, and more
'Attitude just like mine': Serena Williams pays emotional tribute to Andy Murray
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Horoscopes Today, July 5, 2024
Storms kill man in Kansas after campers toppled at state park; flood watches continue
Messi, Argentina to face Canada again: What to know about Copa America semifinal