How Walmart's Thanksgiving Schedule Changes The Holiday Shopping Season

Walmart Inc WMT announced this week that it would close all stores on Thanksgiving this year, ending a history of starting Black Friday deals on the holiday. 

Bentonville also announced an August bonus of between $150 and $300 for all employees. 

Monday also was the first day of Walmart's policy that requires shoppers who do not have a disability to wear face masks when shopping in their stores. 

Walmart's Thanksgiving Closure: Black Friday shopping has seen shifts in recent years. In 2019, retail shopping on Black Friday was down 6.2% but increased on Thanksgiving day by 2.3%, according to data compiled by ShopperTrak.

The decision to close on Thanksgiving also extends to Walmart-owned Sam’s Club.

"We know this has been a trying year, and our associates have stepped up. We hope they will enjoy a special Thanksgiving Day at home with their loved ones,” CEO John Furner said in a statement. “We are certainly thankful to our people for all of their efforts.”

Walmart Bonuses In 2020: The retailer's August bonus is the third round of bonuses that Walmart has provided since March.

They've totaled more than $1.1 billion, according to the retailer.

Photo courtesy of Walmart. 

Posted In: Black FridayretailThanksgivingNewsRetail Sales

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.