NEW YORK (AP) — Best Buy announced it will be open at 5 p.m. on Thanksgiving Day.
The stores will close at 1 a.m. and re-open at 8 a.m. on Black Friday.
Macy’s and Target will open their doors at 6 p.m. on Thanksgiving, the same time as last year.
But the Minneapolis-based Target says shoppers don’t have to trek to a store after eating turkey and stuffing; it says the same deals will be available online at Target.com on Thanksgiving morning.
Target says it will also offer different deals for 10 days, starting on Nov. 22.
Target Corp.’s plan is the latest sign of retailers spreading their deals beyond Black Friday, the busiest shopping day of the year. Target and rival Wal-Mart Stores Inc. began opening on Thanksgiving three years ago to better compete with online retailers and other rivals. The holiday shopping period is critical to retailers, accounting for about 20 percent of annual retail sales.
Target is sweetening the deal for those that do shop on Black Friday: Shoppers who spend at least $75 will receive a 20 percent discount they can use between Dec. 4 and Dec. 13. After opening on Thanksgiving, Target will stay open throughout the night and remain open into Black Friday.
Companies that have already announced plans to open on Thanksgiving include toy seller Toys R Us and department store chains Macy Inc. and Sears Holdings Corp.
