More Retailers Are Staying Home For Thanksgiving Day

by MR Magazine Staff

It looks like some families will be spending more time with each other this Thanksgiving. That’s because some mall operators and retailers that had opened their doors on Thanksgiving Day in recent years are reversing that trend. It’s not just because they want to let employees enjoy the holiday with friends and family but also because the costs of opening on the holiday were bigger than the benefits. CBL & Associates Properties, one of the country’s largest owners of malls, The Mall of America, electronics chains HH Gregg and Office Depot are among those having a change of heart this year. Thanksgiving sales are still controversial with some consumers. At least two dozen other chains are keeping their doors shut on the holiday, including Home Depot, Burlington Stores and TJ Maxx, according to the deals website The Black Some chains such as Costco have never opened on Thanksgiving, the warehouse retailer said. Read more at CBS News.