TL;DR
Some major retailers, including Walmart, JCPenney, Target, and Best Buy, will be open on Thanksgiving. These retailers must weigh the potential revenue benefits against potential backlash for making employees work on a holiday.
“Opening up shop on Thanksgiving has become a damned if you do damned if you don’t situation for retailers,” writes Fox Business.
For many retailers, they have to ask themselves whether or not it’s actually beneficial for them to stay open this holiday season. If stores close, they could be missing out on potential revenue spike. But if they are open, they could potentially get backlash for making employees work on a holiday.
“It's a tough decision for retailers -- or at least they have to pretend it is -- but most of the biggest players will open their doors at some point on the actual Thanksgiving holiday,” reports Fox Business.
Some of the retailers who you can expect to be open this Thursday include Walmart, JCPenney, Target and Best Buy.
In this story
This story was originally published in 1851 Franchise on November 21, 2016. Burnaze summarizes and links to the original reporting.
Read the full story at 1851 FranchiseLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.