Recapping the day's news and newsmakers through the lens of CNBC.
Look hard enough and you can always find a bright side. Well, almost always. Though earlier-than-ever holiday deals mean retail employees will be working on Thanksgiving and many families will be rushing dinner to shop, early openings may serve as a kind of relief valve for the bargain obsession that has caused store fights, tramplings and other incidents in past Black Fridays. This year, more stores are likely to stagger sale times, a tactic that last year seemed to prevent mob scenes. Others will use cordons, extra security and maps to help customers find sale items. For shoppers who make one-hour sale blocks but can't get what they want, Wal-Mart will hand out rain checks. And because many people won't shorten Thanksgiving to shop, Thursday night openings may draw smaller crowds than recent Black Friday starts.
"It keeps somewhat of the frenzy under control and down. We want to avoid any type of frenzy."—Sonya Hostetler, Wal-Mart's vice president of asset protection and safety, on the merits of staggering sale hours