The two largest mall owners are bucking the recent trend to close on Thanksgiving Day. Both Simon Property Management and GGP, which owns the Fashion Show Mall in Las Vegas, anticipate tenant merchants to open that day.
The business press headlines blew up earlier this month over an analyst’s tweet that Kroger might be looking to acquire Whole Foods. The tweet was speculative – both companies refused to comment – as were all the articles that followed, but there are reasons that one could give to either fan the flames of this story or douse them.
REI will once again close on Black Friday and encourage shoppers to #OptOutside instead. The move last year was so successful for the outdoor co-operative that it now boasts a national movement of more than 275 organizations that have been inspired to do the same.