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Target to open at midnight on Black Friday
Minneapolis -- Target Corp. said Friday that it will open its stores across the country at midnight on Thanksgiving for the first time in the retailer’s history.
Stores opened at 4 a.m. on Black Friday last year.
Target, which said its move was in response to customer demand, said its stores will stay open for 23 hours and close at 11 p.m. Friday, Nov. 25.
Last year, most Walmart stores opened by midnight on Thanksgiving.
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Toy imports dip 9% in U.S. despite approaching holidays
Newark, N.J. -- A report released Friday by the Journal of Commerce/PIERS showed that U.S. toy imports dropped 9% year-over-year in September, as the country's retailers apparently chose caution heading into the 2011 holiday season.
The drop in container volume, most of it from China, was the eighth straight for toys coming into the United States and a strong sign that the nation's stores are concerned with figures showing waning consumer confidence and opting to keep inventories lean rather than face deep-discount sales.