Reasons Stores Will Open on Thanksgiving

I think that employees that have to work

on Thanksgiving day are getting a raw deal.

It was bad enough that people were forced

to be at work at 1am-4am to get ready to

the Black Friday deals.Now because of greed by

large corporation many are unable to spend the holiday with family and friends.

I came across an article regarding the real reason stores will open on Thanksgiving.

Yahoo Finance Source – Here's the Real Reason Stores Will Open on Thanksgiving

"As the inevitable holiday shopping creep spreads to Thanksgiving Day, stores that plan to open on
the holiday, including Kmart (SHLD), Walmart (WMT), Target (TGT) and Best Buy (BBY), say
they’re merely responding to consumers who would be shopping online if they
didn’t have the option to hit the stores. That’s part of it, no doubt, but an
examination of retailers’ financial numbers reveals another reason: Many of them
are underperforming and desperate for every dollar of sales. And virtually all
those stores will be open on Thanksgiving."

As long as consumers are willing to go to the stores on Thursday are additional reasons

stores will open on Thanksgiving.

There are many companies that will stay closed on Thanksgiving.

I applaud the companies who are willing to stay closed untill the traditional Black Friday.

Many of the things that are advertising to get you out on Thanksgiving will still be on sale

Friday morning.

One of the true reasons store will open on Thanksgiving will be to get market share and

not profit.

Another of the reasons stores will open on Thanksgiving is many consumers are online

shopping already.

Just because a store may on be physically open many employees are on staff to help with

the online sales.

"The whole idea of Black Friday/Thursday/Wednesday might be a dying concept anyway. Now that retailers have breached the Thanksgiving barrier en masse, there’s nothing stopping them from moving the people-moving come-ons to the weekend before, effectively moving Black Friday up by a week or so."

This is an example of another reasons stores will open on Thanksgiving they play on

people's need to feel like they are getting a deal.

For example when Kmart says they will open so will Walmart.

These companies do not want to be out done.

This is a shorter Christmas shopping season by far this is one of the reasons stores will

open on Thanksgiving.

Thanksgiving will come later in the month for the next few years.

Black Friday and Black Thursday sales may start as early as the day after Halloween.

Will you add to the reasons stores will open on Thanksgiving????

Your Financial Coach,

Renee Lawson