Remember a few years back, when almost EVERY store decided to try to milk Black Friday even harder and open on Thanksgiving too? Well, they got a LOT of backlash, especially from employees, so most of them backed off. Which makes this a bad sign: GameStop is the first retail chain to announce their Black Friday plans for this year . . . and they WILL be making their employees work on Thanksgiving Day.
They’ve closed on Thanksgiving for the past three years.
Back in 2015, the president of GameStop said, quote, “We believe strongly that our customers and associates should have the opportunity to spend the Thanksgiving holiday relaxing with their family and friends.” So what changed? Their business has REALLY been struggling. The stock is down 15% this year and they’re shutting down more than 100 stores . . . so apparently, they feel like staying open on Thanksgiving is going to help turn things around.