The election is over, so now what? For big retailers, they are gearing up for and counting down to another big date on the calendar: Black Friday.
While many Americans are still distracted by the results of the election, the nation's big-box stores are starting to roll out their Black Friday ads with special "doorbuster deals" on everything from kids pajamas to big-screen TVs.
This year, as has been the case for the past several years, the shopping bonanza will once again kick off on Thanksgiving Day. On Wednesday, three major companies confirmed they would stick with their playbooks from the last few years: Target and Wal-Mart will once again start their in-store sales at 6 p.m. Thanksgiving Day, and most Best Buy stores will open at 5 p.m.
"Of course, Black Friday caters to ultimate deal hunters, but by opening at an earlier time we're able to welcome more families — moms, dads, grandparents and kids," said Janna Potts, Target's chief stores officer. "We have been opening on Thanksgiving for the past few years, and the response has been overwhelmingly positive."
At the same time, many who object to the thought of making employees work on the holiday cheered when the Mall of America bucked the trend toward earlier openings with its announcement last month that it would close on the holiday for the first time in years. Individual stores still have the option to open that day, though the mall's Best Buy store will not be one of them, a decision a company spokesman said was made because the store does not have its own exterior entrance.
Other retailers such as Office Depot and HHGregg also decided to reverse course and stay closed this year on the holiday. Mall operator CBL & Associates will shut most of its malls, including Burnsville Center, on Thanksgiving while still giving department stores like Macy's that have their own entrances the option to open.
Sticking to the playbook
But most of the big-box retailers that depend on the big Black Friday sales to drive traffic to their stores are sticking to the Thanksgiving Day openings. While earlier sales have diluted some of its punch, Black Friday weekend is still one of the biggest shopping events of the year and still attracts lines outside the door before stores open.
Macy's, whose sales have been in a slump, was the first major retailer to announce last month that it will open again on Thanksgiving — and an hour earlier than last year, at 5 p.m.