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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

1

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

2

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

3

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
RetailMacy's

Macy’s Will Open On Thanksgiving Day. Here’s When You Can Start Shopping

Lucinda Shen
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Lucinda Shen
Lucinda Shen
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Lucinda Shen
By
Lucinda Shen
Lucinda Shen
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October 16, 2017, 2:31 PM ET
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As some retailers trim their Thanksgiving Day hours or keep their doors shut entirely, department store giant Macy’s is bucking the trend.

In preparation for the shopping extravaganza known as Black Friday, Macy’s opening the doors at its full-line stores at 5 p.m. on Thanksgiving, November 23, the company confirmed to Fortune. That’s the same time Macy’s opened on Thanksgiving Day last year.

“As we do every year, we surveyed our store associates well in advance, giving them an opportunity to tell us their preferences, and we staff Thanksgiving with associates who volunteer,” a Macy’s representative said. “Additionally, associates who work any shift on Thanksgiving day will be compensated with overtime pay.”

The news comes as some retailers and mall operators are beginning to dial it back on pre-Black Friday shopping hours. CBL Properties, which has 62 malls in the U.S., said all of its locations would be closed on Thanksgiving Day. Costco, H&M, Home Depot, and Pier 1 have made similar decisions.

It’s a reversal of a trend that started in 2010, when stores increasingly started to open their doors on Thanksgiving rather than waiting for Black Friday, the day after Thanksgiving. Granted, some retailers have been ahead of that curve. Wal-Mart, for example, has been open on Thanksgiving Day for the past 30 years.

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Lucinda Shen
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