Like its rival Home Depot, Lowe’s typically ramps up activity in the spring season. According to a company spokesperson, “Spring is our Christmas. It’s the busiest selling season and the time when Lowe’s hires additional seasonal employees.” Although spring is the peak time for the company, Lowe’s will still look to attract customers on Black Friday. However, Lowe’s plans for Black Friday do not include opening on Thanksgiving. Instead, the retailer will open stores at 5 a.m. and offer deals from November 27 to December 3.
Gamestop will remain closed on Thanksgiving. However, Black Friday at Gamestop may still encroach on Thanksgiving Day to some degree. Gamestop recently announced it will open its doors at 12:01 a.m. on Black Friday. The gaming retail outlet reported U.S. sales of $6.1 billion last year, down 0.6% from the previous year. Gamestop may lose customers on Black Friday to competitors that will be open on Thanksgiving this year. Some have argued that allowing employees to stay home with their families on Thanksgiving is both ethical and preferable from a public relations perspective.
In October, Dillard’s said on Twitter, “We choose to remain closed on Thanksgiving in longstanding tradition of honoring our customers’ and associates’ time with family.” Like other retailers, the holiday season is still very important to its annual financial performance. Last year, Dillard’s more than $2 billion of the company’s $6.5 billion in net sales occurred during the fourth quarter of its fiscal year. The fourth quarter includes the holiday season. The company, which was founded in 1938 when William T. Dillard opened his first store, is still largely controlled by the Dillard family. Dillard’s celebrated its 75th holiday season last year.
10. Barnes & Noble
Like many retail businesses, Barnes & Noble depends heavily on the holiday shopping season. The promise of a sales boost was not enough to keep doors open, however, as the company recently announced it would give its employees Thanksgiving day off this year. A spokesman for the company recently told ThinkProgress: “We want our booksellers to to have the opportunity to enjoy what is a family holiday.” This is despite the fact that Barnes & Noble’s retail segment depends heavily on the holiday season. Other parts of the business, however, are not. Notably, the company’s college segment is much more reliant on textbook sales during the starts of college semesters.
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