Company CEO David Simon said in a release, “In these challenging times, we decided that we would not open on Thanksgiving Day. Instead, our colleagues allowed us to spend a holiday with our loved ones.”
“Everything that is going on, there cannot be a Black Friday at all,” said Scott Rankin, principal and national consumer and retail strategy leader with KPMG US. “I can’t imagine retailers buying stock for an event designed to pack hundreds of people in one store. There are a lot of risks to it.”
Simon’s decision may also reflect the fact that consumers were rising to online Thanksgiving and Black Friday deals rather than engaging in a mad dash to the stores even before the epidemic. Last year, Thanksgiving Day online sales set a record $ 4.2 billion.