Will Target Sacrifice Profits by Closing Permanently on Thanksgiving Day?
On Nov. 22, Target (NYSE: TGT) announced that its stores would remain closed on Thanksgiving Day permanently. The retailer had closed its stores on the holiday last year due to the pandemic. But is this policy change something designed to help keep workers happy amid the "Great Resignation," or is it more a matter of the company's rapidly expanding e-commerce presence giving it more flexibility? In this segment of Backstage Pass, recorded on Nov. 22, Fool contributors Jason Hall, Toby Bordelon, and Rachel Warren discuss.
Source Fool.com
