Thursday, February 26, 2015

Target Corporation Plans to Open Earlier on Thanksgiving Day (TGT)

On Monday, retail giant Target (TGT) announced that its stores will be open on Thanksgiving day, giving shoppers early access to its Black Friday deals.

Beginning at 8:00 pm on Thanksgiving day, Target shoppers will have access to the store’s doorbuster deals, which will take place in store and online from Thursday November 28 to Saturday November 30. Some of Target’s doorbuster deals include Apple iPad Minis for only $299 and the new iPad Air for $479.

Commenting on Target’s Thanksgiving Day plans, executive vice president Kathee Tesija noted “For both our guests and team members, Black Friday is an exciting event that officially marks the beginning of the holiday shopping season. By offering advance access to deals at and opening our stores earlier, we are making it easier for guests to build a Black Friday ritual that works for them. No matter where or when they choose to shop at Target, guests will be able to kick off their holiday shopping with deep discounts on a wide variety of the season's most popular items.”

Target shares inched 0.88% higher during Monday’s session. Year-to-date, the stock is up 10.69%.

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