• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Ed Sheeran asked Patriots owner Robert Kraft for $2 million aid donation after Macklemore was dropped from his tour for pro-Palestine comments

2

Anthropic billionaire cofounder Jack Clark studied literature, not code—and says liberal arts degrees will win in the AI age

3

Treasury yields are already blowing up the CBO’s long-term forecasts, and experts who previously downplayed U.S. debt fears are now starting to worry

1

Ed Sheeran asked Patriots owner Robert Kraft for $2 million aid donation after Macklemore was dropped from his tour for pro-Palestine comments

2

Anthropic billionaire cofounder Jack Clark studied literature, not code—and says liberal arts degrees will win in the AI age

3

Treasury yields are already blowing up the CBO’s long-term forecasts, and experts who previously downplayed U.S. debt fears are now starting to worry
RetailJ.C. Penney

Why J.C. Penney Will Open Even Earlier on Thanksgiving this Year

Phil Wahba
By
Phil Wahba
Phil Wahba
Senior Writer
Down Arrow Button Icon
Phil Wahba
By
Phil Wahba
Phil Wahba
Senior Writer
Down Arrow Button Icon
November 13, 2015, 1:26 PM ET
Photograph by Matthew Staver/Bloomberg/Getty
Google source logo
Add Fortune on Google for similar content.

Our hopes have been dashed.

Retailers from Macy’s (M) Target, (TGT) Kohl’s (KSS), and Sears (SHLD) recently announced they were kicking off their Black Friday shopping events at the same time as last year—6 p.m. on Thanksgiving in those stores’ cases. So, we believed that the end of “Black Friday” creep was upon us.

That phenomenon has pushed up the start of Black Friday shopping madness from the crack of dawn on Friday in 2009 to opening earlier and earlier on Thanksgiving Day itself, encroaching on the most important U.S. holiday of the year. Many retailers seemed to hit a wall at 6 p.m. last year, seeing little sales upside to opening even earlier, especially considering the higher labor costs that can eat into already pressured profits.

Last year, J.C. Penney one-upped rivals by opening at 5 p.m. This year, Penney will open even earlier, at 3 p.m., giving it a three-hour lead over its most direct rivals, Macy’s, with which it co-anchors about 400 malls, and Kohl’s.

Why? Penney CEO Marvin Ellison claims his managers in the field said the retailer should. “They understood the importance of being first and the importance to make sure that we win the Thanksgiving weekend,” Ellison told Wall Street analysts on Friday.

Seemingly aware of how controversial Thanksgiving openings already are with a big chunk of the public, Ellison said that working that shift was voluntary. Penney will pay workers double time for being in stores at the moment most Americans will be at the table with their turkey.

Penney reported the highest third-quarter comparable sales growth among its peers, posting a 6.4% increase, in contrast to Macy’s dismal 3.9% decline.

The retailer is still billions of sales dollars behind where it was in 2012, before it tried to go upmarket in a since-abandoned strategy. (Three years ago, Penney opened at 6 a.m. on Friday, while rivals opened six hours earlier. It suffered from the move.)

So, being fair to workers is one consideration. But so are revenues.

“We’ve also first thought about winning versus the competition,” Ellison added.

About the Author
Phil Wahba
By Phil WahbaSenior Writer
LinkedIn iconTwitter icon

Phil Wahba is a senior writer at Fortune primarily focused on leadership coverage, with a prior focus on retail.

See full bioRight Arrow Button Icon

Latest in Retail


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Retail


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.