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More retailers are closed on Thanksgiving this year

November 22, 2020. Summarized by summa-bot.

The pandemic has transformed the holiday shopping season. Another major difference this year: People planning to shop on Thanksgiving will have fewer options than they have had in the past.

Another major difference this year: People planning to shop on Thanksgiving will have fewer options than they have had in the past.

Walmart (WMT), Target (TGT), Best Buy (BBY), Dick's Sporting Goods (DKS), Bed Bath & Beyond (BBBY), and other major retailers announced their decision over the summer to close stores on Thanksgiving Day. Macy's (M) announced in September that it will close on Thanksgiving.

We hope they will enjoy a special Thanksgiving Day at home with their loved ones," John Furner, CEO of Walmart US, said in July.

It will be the first time in more than 30 years Walmart has closed on Thanksgiving.

Costco (COST), Home Depot (HD), Nordstrom (JWN), Publix, Trader Joe's and others have closed on Thanksgiving for several years and will do so this year.

Walmart's Sam's Club chain historically has closed on Thanksgiving, as it will again this year.

Thanksgiving closures have been a source of tension between retailers and labor advocates in the past, especially as many retailers in recent years have opened their doors on the holiday to get a jump on Black Friday — generally considered the start to the year-end shopping rush.

Critics have argued that workers should be at home with their families on Thanksgiving instead.

Over the last several years, public pressure on retailers to close on Thanksgiving has faded.

Not all major retailers will close on Thanksgiving, however.

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