Mall Threatens Stores With Fine For Not Opening On Thanksgiving

Busy Mall

Staying closed on Thanksgiving is no longer an option.

An upstate New York shopping mall is threatening to fine retailers about $200 an hour if they fail to open at 6 p.m. on Thanksgiving.

Walden Galleria, a suburban Buffalo retail complex with more than 200 stores, told store managers in a meeting last week that they must open their doors when the shopping center opens on the holiday, or pay penalties specified in leases, 10 managers told The Huffington Post on Tuesday. Waiting until midnight to open may cost stores $1,200 or more.

Struggling to compete with big-box stores and online retailers, shopping malls around the country plan to kick off Black Friday early by opening on Thanksgiving. The malls are trying to keep up with stores like Kmart, Target and Walmart, which have all pushed holiday shopping’s start date to turkey day.

Retail Sales Increase In October

Retail and food services sales for October, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $444.5 billion.

Retail Sales

This is up 0.3% from September’s sales and up 4.1% from October 2013.

Retail Sales Change

Sales increased the most (relatively) in October for online shopping, rising 1.9%. The only monthly decreases were 1.5% in gas and 1.6% in electronics & appliances.

All categories except for gas stations have seen retail sales increase year over year.

Retail Sales Table

Retail Sales Decline In September

Retail and food services sales for September, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $442.7 billion.

Retail Sales Monthly

This is down 0.3% from August’s sales, and follows seven consecutive months of increases. Retail sales are up 4.3% from September 2013.

Retail Sales Change

Sales increased the most in September for electronics & appliances, rising 3.4%. All categories except for gas stations have seen retail sales increase year over year.

Retail Sales

Retail Sales Rise 0.6% In August

Retail and food services sales for August, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $444.4 billion.

Retail Sales Total

This is up 0.6% from July’s sales, and follows six consecutive months of increases. Retail sales are up 5.0% from August 2013.

Retail Sales Change

Sales increased the most in August for miscellaneous retailers, rising 2.5%. Gas and general merchandise were the only two categories to see decline, and only gas has declined from a year ago.

Retail Sales

Retail Sales Little Changed In July

Advance estimates of retail and food services sales for July, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $439.8 billion.

Retail Sales

This is essentially unchanged from June’s sales, and follows five consecutive months of increases. Retail sales are up 3.7% from July 2013.

Retail Sales Change

Sales increased the most in July for the miscellaneous retailers category, rising 0.9%. The general merchandise category declined the most, falling by 0.5%.

Retail Sales July