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Major Mall Developer Says It Will Close 72 Shopping Centers on Thanksgiving

October 12, 2016, 8:41 PM UTC
An employee arranges sweaters in a department store during the holiday season.
Photograph by Adam Berry—Getty Images

Black Friday will actually be on Friday this year as dozens of U.S. malls announce closings.

CBL & Associates, a major developer based in Chattanooga, Tenn., said on Wednesday that it’s closing 72 of its malls on Thanksgiving as opposed to opening at 6 a.m. on Black Friday. The developer, which owns or has an interest in 89 malls and open-air shopping centers concentrated in the South and Midwest, opened at 6 p.m. on Thanksgiving last year, according to CNBC, which first reported the news.

That doesn’t mean all the stores will be closed as department stores, like Macy’s (M) and J.C. Penney (JCP), can keep their doors open so long as they have an exterior entrance to their store. Movie theaters, restaurants, and other tenants with outside entrances can also stay open, a spokeswoman told Fortune.

The news comes on the heels of Mall of America’s decision to close its door on Thanksgiving. In recent years, retailers have moved Black Friday sales up to the afternoon of Thanksgiving in hopes to get a jump on a five-week period that can generate 25% of annual sales. (Penney took that to extreme last year, opening at 3 p.m. on Turkey Day.)


Mall of America’s move was heralded by both labor activists and customers alike, who then gave the shopping center kudos for giving workers back a day that was a sacrosanct holiday not long ago.

“We think that for our employees and for the store employees, they deserve the day off and to be able to spend the day with their families,” CBL CEO Stephen Lebovitz told CNBC.

But there is clearly a business case to be made too: last year, retailers reported a disappointing Thanksgiving weekend, spurring talk that the earlier hours were simply shifting spending from one time to another and not making the spending pie any bigger.

Concern that (AMZN) had a leg up on closed stores has ebbed given how aggressive the traditional retailers have gotten online. (Last year, for the first time, more shoppers went online than to stores over the holiday weekend.)

Five years ago, it was standard for stores to start their Black Friday specials at 5 a.m. But by 2012, many stores began opening at midnight for the first time. And in subsequent years, the opening hours kept creeping up earlier and earlier. The one exception is Walmart, which has always been open to sell food (though the retail giant started its Black Friday deals at the same time as others).

The two largest mall developers, Simon Property Group (SPG) and General Growth Properties (GGP), have not announced whether they will close on Thanksgiving, nor have major retailers like Target, Macy’s, and Penney.

But if developers want to, CBL and Mall of America will have given them plenty of cover to do so.

Here is a list of the malls CBL is closing on Thanksgiving:

Acadiana Mall Lafayette LA
Alamance Crossing Burlington NC
Arbor Place Douglasville GA
Asheville Mall Asheville NC
Brookfield Square Brookfield WI
Burnsville Center Burnsville MN
Cary Towne Center Cary NC
Chapel Hills Mall Colorado Springs CO
CherryVale Mall Rockford IL
Coastal Grand Myrtle Beach SC
College Square Morristown TN
CoolSprings Galleria Franklin (Nashville) TN
Dakota Square Minot ND
East Towne Mall Madison WI
EastGate Mall Cincinnati OH
Eastland Mall Bloomington IL
Fayette Mall Lexington KY
Foothills Mall Maryville TN
Friendly Center Greensboro NC
Frontier Mall Cheyenne WY
Gadsden Mall Gadsden AL
Greenbrier Mall Chesapeake VA
Hamilton Place Chattanooga TN
Hanes Mall Winston-Salem NC
The Hanover Mall Hanover MA
Harford Mall Bel Air MD
Hickory Point Mall Forsyth IL
Honey Creek Mall Terre Haute IN
Imperial Valley Mall El Centro CA
Janesville Mall Janesville WI
Jefferson Mall Louisville KY
Kirkwood Mall Bismarck ND
Lakeshore Mall Gainesville GA
Laurel Park Place Livonia MI
Layton Hills Mall Layton UT
Mall del Norte Laredo TX
Mayfaire Town Center Wilmington NC
Meridian Mall Okemos MI
Mid Rivers Mall St. Peters MO
Monroeville Mall Monroeville PA
New River Valley Mall Christiansburg VA
Northgate Mall Hixson (Chattanooga) TN
Northpark Mall Joplin MO
Northwoods Mall Charleston SC
Oak Park Mall Overland Park KS
Old Hickory Mall Jackson TN
Park Plaza Mall Little Rock AR
Parkdale Mall Beaumont TX
Parkway Place Huntsville AL
Pearland Town Center Pearland TX
Post Oak Mall College Station TX
Randolph Mall Asheboro NC
Regency Mall Racine WI
Richland Mall Waco TX
River Ridge Mall Lynchburg VA
South County Center St. Louis MO
Southpark Mall Colonial Heights VA
St. Clair Square Fairview Heights IL
Stroud Mall Stroudsburg PA
Sunrise Mall Brownsville TX
Triangle Town Center Raleigh NC
Turtle Creek Mall Hattiesburg MS
Dakota Square Mall Minot ND
Valley View Mall Roanoke VA
Volusia Mall Daytona Beach FL
Walnut Square Dalton GA
West County Center St. Louis MO
West Park Mall Cape Girardeau MO
WestGate Mall Spartanburg SC
West Towne Mall Madison WI
Westmoreland Mall Greensburg PA
Wiregrass Commons Mall Dothan AL
York Galleria York PA