The most popular trend for this upcoming holiday season is not the Apple iPhone 5G to be released soon, it is that most major retail stores will not be open on Thanksgiving Day to meet the inevitable strong demand.
Best Buy (ABY) said Tuesday night that it won’t open on Thanksgiving, after several years of letting crowds in at 5pm over the holidays.
“We can all agree that, so far, 2020 has turned out differently than we might have expected. And now, the holiday season at Best Buy, including Thanksgiving, will also look different. To satisfy the changing lives of our customers this holiday season, we are improving the way we fulfill orders, from offering more convenient pickup options in our stores, to making sure that BestBuy.com orders arrive at the right time. We’re also going to start offering some of the best deals of the season sooner than ever, to make it even easier for our customers to review their gift lists. With these changes, we have also decided to close our stores on Thanksgiving Day. As always, customers will be able to shop at BestBuy.com and through the Best Buy app, ”Best Buy said in a new blog post.
Target says it will close on Thanksgiving Day. Walmart also detailed this last week. @Yahoo Finance
– Brian Sozzi (@BrianSozzi) July 27, 2020
The publication added: “Although this holiday season can certainly seem different, we are ready to be there again for our customers how, when and where they need us, during the most exciting time of the year.”
The electronics retailer joins a growing list of department stores offering retail workers, who have been taxed year-round due to new tasks related to COVID-19, free vacation. Walmart revealed last week that it would close on Thanksgiving Day. On Monday, the Target discount store announced the same attack plan.