Walmart will close its stores on Thanksgiving Day for the first time in more than 30 years, the world's largest retailer said
The move comes at a time when retailers are rethinking their plans for the holiday shopping season as coronavirus cases rise, prompting concerns over crowds in stores. Walmart has kept its stores open on the holiday since the late 1980s. Meanwhile, Walmart's Sam's Club chain, historically, has closed on that day, as it will again this year.
We hope they will enjoy a special Thanksgiving Day at home with their loved ones," John Furner, CEO of Walmart U.S., said in a statement. Read MoreBlack Friday as we know it is finally deadFurner also said Walmart will spend about $428 million in total on special bonuses for its full-time and part-time employees for working through the pandemic. Hourly workers will receive a bonus of $300 and part-time and temporary workers will get $150 each.
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