18 sources·Business

Thanksgiving Retail Landscape: Limited Openings and Expected Consumer Spending

While major retailers remain closed on Thanksgiving, shoppers are expected to spend significantly during Black Friday. Limited grocery options remain open for essentials.

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Updated: Nov 28th, 2024, 5:52 AM ET

Summary

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This Thanksgiving, 183 million U.S. shoppers are expected to spend an average of $1,012 each. Major retailers like Walmart, Target, and Costco will be closed, limiting shopping options. Few grocery stores, such as Kroger and Whole Foods, will remain open with modified hours. Experts urge consumers to resist impulse purchases during Black Friday, and emphasize the importance of toy safety. Banks and USPS will close for the holiday, with many shipping services expecting delays. Overall, fewer retailers are opened this Thanksgiving compared to previous years.

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