closed on turkey day, along with other stores such as Home Depot and Nordstrom. Other retailer stores, such as Kmart are starting their black fridays on actual Thanksgiving day, a whole new twist to consumer spending.
(Loris Grisham, 11.17.14)
Analysis: Between November 25 and December 2, we see a nice increase in stock price. It can be inferred that the week of November 25, (Thanksgiving week) consumer spending was at its low because of Costco’s closing hours on the holidays. Having shorter hours…
Words 1863 - Pages 8