Journal Express, Knoxville, IA

Community News Network

November 13, 2012

Black Thursday? Stores to open even earlier on Thanksgiving

(Continued)

Even so, analysts say earlier opening times may not necessarily translate into higher revenue. The sales that stores rack up on Thanksgiving may eat into purchases that typically take place on Black Friday and the rest of the weekend.

"I really don't think it means very much," said Maggie Gilliam of the New York-based research firm Gilliam & Co. "The earlier you get people in, the more likely they are to keep spending, but frankly, I wouldn't read too much into it."

But as long as demand for Thanksgiving Day shopping remains high, retailers say they will continue to open earlier.

"Shoppers have shown us that they love wrapping up their Thanksgiving meals, grabbing their coats and going shopping," said Kathy Grannis, a spokeswoman for the National Retail Federation. "There are millions of people who do want to shop on Thanksgiving Day."

Text Only
Community News Network
Features
AP Video
CDC Head Concerned About a Post-antibiotic Era Raw: First Lady Says `Drink Up' More Water Raw: Massive Fire Burns in North Dakota Town Raw: Truck, Train Crash Leads to Fireball Courts Conflicted Over Healthcare Law Holder Urges Bipartisanship on Immigration US Airlines Cancel Israel Flights Obama Signs Workforce Training Law Obama Offers Condolences at Dutch Embassy Michigan Plant's Goal: Flower and Die WWII Vet Gets Medals, 70 Years Late Weather Gives Washington Firefighters Hope Veteran Creates Job During High Unemployment Widow: Jury Sent Big Tobacco a $23B Message $5M Bond Set for Teens in Homeless Killings New Orleans Plans to Recycle Cigarette Butts UN Security Council Calls for MH 17 Crash Probe Obama Bestows Medal of Honor on NH Veteran Texas Sending National Guard Troops to Border Hopkins to Pay $190M After Pelvic Exams Taped
Facebook
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Poll

Upon completion and reopening of Third Street, should the City of Knoxville wait to start the next stage of the Streetscape and Infrastructure project until 2015?

Yes
No
     View Results