As retailers contemplate the holidays, in a reversal of recent years, many have already decided to close their doors on Thanksgiving Day to welcome their employees working during the coronavirus pandemic or to take a new take on the traditional shopping season for consumers. holidays.
Below is a full list of those who are closed for Turkey Day and how they are reinventing their Black Friday and holiday deals this shopping season:
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Simon Property Group
Simon Property Group announced Monday that it will close its businesses for Thanksgiving Day to give its employees a well-deserved break from their efforts during the coronavirus pandemic.
“In these difficult times, we have made the decision not to open on Thanksgiving Day, allowing our associates to spend the holidays with their loved ones,” Simon Property Group Chairman and CEO David Simon said Monday in A press release.
|SPG||SIMON PROPERTY GROUP INC.||67.80||+3.65||+ 5.69%|
The company noted that its properties would remain open on Black Friday. No additional information regarding the Black Friday sale or other holiday offers has been announced.
In addition to following its long tradition of remaining closed for Thanksgiving Day, Home Depot announced September 9 that it would reinvent its Black Friday sale, extending the agreements by two months to welcome buyers.
“Starting by reinventing Black Friday, we’re improving the shopping experience, with your safety and well-being as a priority,” the company wrote on its website. “Say goodbye to a day of frantic shopping and enjoy Black Friday discounts throughout the season without the stress or crowds.”
|HD||THE HOME DEPOT INC.||280.65||+4.32||+ 1.56%|
In-store and online sales will begin in early November and last until December.
The company offers free shipping on more than a million items, which it hopes will give customers more flexibility with in-store pickup or door-to-door delivery options.
Additionally, for the first time, the company’s mobile app will give users “exclusive access” to view offers in November before they go live.
Michelle Gass, CEO of Kohl, said on the call for the company’s second quarter results on August 18, it would close its doors on Thanksgiving Day, citing this year “a holiday season like no other”.
“COVID is changing all aspects of customer expectations, and we are adjusting our plans accordingly. To begin with, we made the decision not to be open on Thanksgiving Day, allowing more of our associates to be home with their families, ”Girard says.
She added that Kohl’s was making adjustments to “generate and capture advance holiday demand in early October across all of our channels” and feature offers on its website to ensure customers can get ahead. on their vacation shopping online.
|KSS||KOHL’S CORP.||23.37||+2.04||+ 9.56%|
Girard noted that Kohl’s will focus on “Cozy and Comfort”, its Home category as well as children’s toys. The company will also expand its “Curated by Kohl’s” platform to 300 stores, offering exciting and interesting brands like Paper Source, Candy Club UB and Corpsicle.
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Best Buy announced its plans to close for Thanksgiving on July 28 in an effort to focus on the much anticipated demand for the upcoming holiday season. Recently, the NPD Group, in its “Future of Tech” report, predicted that sales of consumer technologies would increase by 18% in the fourth quarter of 2020 compared to the previous year. It could mean a big vacation for Best Buy.
“We can all agree that, so far, 2020 has unfolded differently from what we expected,” the company wrote in a blog post. “And now the holiday season at Best Buy, including Thanksgiving Day, will be different as well.”
The company said it will improve the way it fulfills orders, providing more convenient pickup options in its stores and making sure BestBuy.com orders arrive at the right time. Best Buy will also be delivering “some of the season’s hottest deals sooner than ever, making it even easier for our customers to check their gift lists.”
|BBY||BEST PURCHASE||107.70||+1.14||+ 1.07%|
While stores will be closed on Thanksgiving Day, customers can shop online at BestBuy.com and through the Best Buy app.
“While this holiday season can certainly look different, we are ready to be there for our customers again how, when and where they need us, during the most exciting time of the year,” the company added. .
Target announced the Thanksgiving Day shutdown on July 27 and said it would start rolling out deals as early as October to prevent large crowds from congregating during the holiday rush.
“Let’s face it: Historically, business hunting and vacation shopping can mean crowded events, and this is not a year for crowds,” Target said. “That’s why our biggest vacation deals will be available sooner than ever, so you can shop safely and conveniently without worrying about missing out on deals that typically arrive later in the season.”
The company said the move would provide “flexibility” to ensure that buyers who normally face a limited window of time can take advantage of all the savings the retailer has to offer.
|TGT||TARGET CORP.||148.44||+0.79||+ 0.54%|
Although its stores are closed during Turkey Day, the retailer has promised its offers will be presented before and after November 26.
Walmart announced plans to close Thanksgiving Day on July 21 as well as investing $ 428 million in bonuses for its employees working during the coronavirus pandemic
“We know that this has been a trying year and our associates have mobilized. We hope they will enjoy a special Thanksgiving Day at home with their loved ones, “said John Furner, General Manager of Walmart US.” We are certainly grateful to our employees for all of their efforts. “
|WMT||WALMART INC.||137.32||+0.62||+ 0.45%|
The company noted that Black Friday hours of operation will be published at a later date.
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