Special Report

10 Stores Closed On Thanksgiving

7. Ross Stores (NASDAQ: ROST)
> Headquarters:
Pleasanton, California
> 2014 U.S. retail sales: $11,032,000

Ross Stores remains closed on three major holidays, including Thanksgiving. Many of the department store’s larger competitors, including Macy’s, J.C. Penney, and Sears are opening their doors for bargain shoppers on Thanksgiving Day. Despite remaining closed on Thanksgiving — a gesture portrayed as thoughtful by many other companies — Ross Stores’ employees are not especially satisfied among large retailer workforces, according to employee review site Glassdoor.com. The average review for the company is a 2.9 out of 5, versus the average review on Glassdoor.com of 3.2.

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6. Staples (NASDAQ: SPLS)
> Headquarters:
Framingham, Massachusetts
> 2014 U.S. retail sales: $6,607,000

Staples opened at 6 p.m. on Thanksgiving Day last year. This holiday season, despite many retailers opening even earlier than in previous years, the office supply chain will remain closed on Thanksgiving day. Unlike other major retailers, Staples is less dependent on the holiday season than most retailers. Back-to-school sales during the spring are its main driver of annual revenue.

5. Dillard’s (NYSE: DDS)
> Headquarters:
Little Rock, Arkansas
> 2014 U.S. retail sales: $6,490,000

While many larger department stores such as J.C. Penney, Macy’s, and Sears will open their doors on Thanksgiving Day, Dillard’s will not. Because fourth-quarter sales often account for the bulk of annual company profits, the decision Dillard’s made to remain closed on Thanksgiving may be out of consideration for its 40,000 employees. According to the company’s facebook page, “We will be closed on Thanksgiving Day, out of respect for our associates time with their families, but will be reopening bright and early Friday morning!”

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4. GameStop (NYSE: GME)
> Headquarters:
Grapevine, Texas
> 2014 U.S. retail sales: $6,225,000

As a number of other retailers, GameStop published a press release this fall titled, “GameStop takes a stand! Closes stores on Thanksgiving Day to allow customers and associates to enjoy the holiday with family and friends.” GameStop will begin this year offering its customers Black Friday deals on the Tuesday before Thanksgiving. Despite starting the holiday season earlier than most retailers, GameStop will not be open on Thanksgiving Day. The holiday shopping season is crucial for GameStop’s top line. Fourth-quarter sales accounted for about 37% of total annual sales last year. GameStop has not performed particularly well financially in recent years. Sales fell % last year.

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