Tahlequah Daily Press

News Updates

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
News Updates
Poll

Do you believe school administrators and college presidents in Oklahoma are paid too much?

Strongly agree.
Somewhat agree.
Somewhat disagree.
Strongly disagree.
Undecided.
     View Results
Tahlequah Daily Press Twitter
Follow us on twitter
AP Video
Raw: Japanese Soldiers Storm Beach in Exercises Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA Two Women Narrowly Avoid Being Hit by Train In Virginia, the Rise of a New Space Coast New Sanctions on Key Sectors of Russian Economy Crayola Announces Family Attraction in Orlando US Ready to Slap New Sanctions on Russia Kerry: Not Worried About Israeli Criticism Boater Rescued From Edge of Kentucky Dam Girl Struck by Plane on Florida Beach Dies Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue
Stocks