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Best Buy to open 5 p.m. on Thanksgiving, one hour earlier than last year
Minneapolis -- Best Buy has joined the ranks of retailers that have moved up the time their stores will open on Thanksgiving Day. The consumer electronics giant said Tuesday that some 1,000 of its stores will open at 5 p.m. on Thanksgiving Day, which is one hour earlier than last year. The stores will close at 1 a.m. Friday before reopening at 8 a.m. on November 28 (Black Friday) and close at 10 p.m. that day.
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Study: Gen Y shoppers prefer retailers that offer financing options
Austin, Texas -- Gen Y consumers, whose annual spending power is estimated at $200 billion, prefer to shop at retailers that offer financing options, according to a new study. An eNation study of more than 2,000 consumers, commissioned by financial technology company NewComLink, found that 59% of shoppers between the ages of 18 and 34 say their choice of retailer is impacted by whether that retailer offers financing options.
