Target To Continue Closing Its Stores On Thanksgiving
Newsy
The company announced it will close all of its stores each Thanksgiving Day — a practice first adopted during the pandemic to limit crowds.
Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season that was suspended during the pandemic.
To limit crowds in stores, retailers last year were forced to turn what had become a weekend shopping blitz into an extended event, with holiday sales beginning as early as October. That forced shift appears to have been fortuitous.
U.S. holiday sales last November and December rose 8.2% in 2020 from the previous year, according to The National Retail Federation, the nation's largest retail trade group. The trade group predicts 2021 could shatter that record, growing between 8.5% and 10.5%.
