Target’s Black Friday Plans, New Hertz & Dollar Thrifty Episode: Consumer Biz Report
Observers wonder if Target Corporation (NYSE:TGT) will mimic the intentions of Wal-Mart Stores (NYSE:WMT) and Sears (NASDAQ:SHLD) as they open for Black Friday shoppers on Thanksgiving evening. In 2011, Target drew internal and external static for opening at midnight, but with Kohl’s, Macy’s, and Best Buy all poised to open at that time this year, there exists pressure to maintain an edge with an even earlier start. Will this trend end up someday with retailers opening in the afternoon on Thursday, or just after the Macy’s parade is over?
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Here we go again: the Federal Trade Commission now wants more concessions from Hertz Global Holdings (NYSE:HTZ) before it permits the purchase of Dollar Thrifty Automotive Group (NYSE:DTG) to go forward, says Bloomberg. According to sources, discussions have turned acrimonious while the Commission pressures Hertz to surrender additional airport locations.
Don’t Miss: Walmart’s Head Start on Holiday Shopping.