When do major retailers open on Black Friday?

Published On Nov 27, 2024, 8:15 AM

As Black Friday approaches, major retailers are preparing for the busiest shopping day of the year with substantial discounts. Key stores will open at various times: Walmart at 6 a.m., Target at 8 a.m., Kohl's at 9 a.m., and Macy's at 6 a.m. as well. Best Buy and Home Depot will also open at 6 a.m., while Barnes & Noble will start at 9 or 10 a.m. All these retailers will remain closed on Thanksgiving, signaling a focused effort on Black Friday to kickstart holiday shopping.

Stock Forecasts

Given the early opening times and focus on discounts, it is expected that these major retailers will see a surge in foot traffic and sales on Black Friday. This can translate to positive earnings reports for these companies as they capitalize on the holiday shopping season.

Target's slightly later opening at 8 a.m. may affect initial traffic compared to competitors, but they are likely to benefit from the overall increase in consumer spending during the holiday season, improving sales prospects.

Kohl's opening at 9 a.m. suggests a strategy to attract shoppers after major competitors. If customer response mirrors expectations of strong Black Friday sales, Kohl's could see a boost in stock performance.

Macy's early opening at 6 a.m. aligns with strong consumer interest, especially in apparel and home goods. This could result in an uptick in sales figures, making Macy's stock a potential positive opportunity.

Best Buy's focus on electronics, coupled with their early opening, places them as a favorable destination for holiday gift shopping. This alignment suggests a positive outlook for stock performance leading into Q4 earnings.

Home Depot and Lowe's both opening at 6 a.m. capitalizes on the increase in home improvement spending during the holidays. This is likely to enhance sales figures and support stock prices.

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