Business News — Walmart Gives Store Employees A Break For Thanksgiving Holiday In USA

Walmart has been giving its store employees more time off since the global covid-19 pandemic in 2020. One of the decisions was to close stores during the Thanksgiving holidays. It was reported by The Street that Walmart intends to keep this trend going in the foreseeable future.

Walmart US CEO Jon Furner announced via the company’s Twitter account that store employees should continue to have Thanksgiving holiday as a time for spending with family and friend. Here’s what he said:

“I am delighted to share that once again, we’ll be closing our doors for Thanksgiving this year. Thanksgiving is such a special day during a very busy season. We want you to spend that day at home with family and loved ones.”

It appears that Walmart’s decision to close stores during Thanksgiving is in direct response to some of the latest data about the retail industry in the USA. For instance, 60% of retail workers have already reported that they were involved in violent store incidents in 2023.

Wal-Mart CEO Doug McMillon has been one of the most vocal about the issue of retail theft causing store closures throughout the United States. The CEO of the world’s largest corporation and retailer also added that local law authories should push for tougher enforcement measures to combat shoplifting.

The issues that CEOs are facing with retail crime is not only a major problem for corporate interests and the global economy; it’s also going to be a problem for any American who wants to achieve success in the future.

In my view, retail establishments like Wal-Mart, Starbucks, Target, etc., are the places for ambitious people to go and feel productive while spending money that contributes to the economy. People without this same sense of productivity will be enraged by their plight and automatically target these places for the “injustice” caused to them. That’s why the debate should be focused on what is injustice? And what is injustice to whom in today’s new normal?

To understand what’s happening here, food inflation must be discussed in tandem with current news about retail crime. I will also provide the big picture scenarios of geopolitical trends and global commodities that are relevant to the discussion.

Read more about these future scenarios in the publication Areas & Producers.

The content in Areas & Producers provides a methodology for readers and writers who are curious about global trends and the future of the world.