Latest
Recommended
Published: Tue, November 01, 2016
Economy | By Melissa Porter

More retailers closing this Thanksgiving, postponing their sales to Black Friday


Every year (well, since 2013 in the UK), retailers use Black Friday to offer huge discounts on much of their stock, giving the well-prepared a chance to nab bargains and kick-start the Christmas present buying.

The Thanksgiving Day Shopping Survey found that more than 50 percent of people aren't pleased some stores are choosing to stay open on the holiday.

But according to DealNews, many of those opposed to Thanksgiving store hours were also dissatisfied with last year's Turkey Day promotions, suggesting that the holiday backlash may not be entirely altruistic.

Accordingly, shoppers should be patient and wait until Black Friday (Nov. 25) to make an electronics purchase.

It's a shift from the trend in recent years to open on Thanksgiving Day for early Black Friday shopping. They also feel employees and shoppers should celebrate the holiday with family and friends. If you don't want to fearless the crowds to get a deal, many stores will also give shoppers an opportunity to do their discount shopping online. "Because being open is quite costly, I think we will see more and more retailers stop the Thanksgiving selling".

"Adding those who disagree with those who are indifferent, 82 percent have no positive feelings towards Thanksgiving openings", said Phillip Dengler and Eric Jones of Jones-Dengler Marketing, via email. That's 10% more than previous year.

Consumers will still be able to shop via retailer websites.

While younger Americans ages 18-29 are more likely to view Thanksgiving openings positively or indifferently, older Americans ages 30 and older "mainly hate Thanksgiving openings", he said.

The National Retail Federation (NRF) is predicting an overall pickup in holiday spending in Black Friday 2016 sales.

Like this: