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U.S. Retailers Open on Thanksgiving: Desperate, or Smart? Money Morning

This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Best Buy Co. Inc. (NYSE: BBY) and Toys “R” Us Inc. are the two latest retailers to announce that they will open their doors on Thanksgiving. Other retailers like Target Corp. (NYSE: TGT) have expanded their “Black Friday” hours this year.

But does this tactic smack of desperation?

Money Morning‘s Chief Investment Strategist Keith Fitz-Gerald joined FOX Business’ “Varney & Co.” to discuss this latest retail sales strategy, and why stores are staying open longer.

See his take on whether retailers are “desperate” this holiday season:

 

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