Thanksgiving, Retailer | featured news

Put down that turkey leg. It's time to shop. No, really. Stores typically open in the wee hours of the morning on the day after Thanksgiving known as Black Friday, named for the period when stores traditionally turn a profit for the year.

Those hoping to save a couple bucks on a last-minute Thanksgiving meal may want to shop at Target, which beat Walmart for the cheaper turkey dinner. Bloomberg Industries conducted a study of 15 retailers and determined that a Thanksgiving turkey dinner from Target is cheaper than one from retail competitor Walmart. An 18-item meal, including turkey, cranberries, onions, corn, pumpkin and heavy cream, from Target costs $45.48. The same dinner goes for $52.31 at Walmart, $70.18 at Whole Foods Market and $70.82 at Acme, owned by Supervalu Inc.

It used to be just called Thanksgiving. Now the day is increasingly called Black Friday Eve or Black Thursday, as retailers double down on ever-earlier opening hours for the kickoff of the holiday shopping season.

More people headed to stores and websites over the Thanksgiving holiday weekend, and average spending per person rose 9.1 percent as bargain-hunting shoppers scooped up discounts on everything from gadgets to hoodies, a National Retail Federation survey on Sunday showed.

Retail Web sites kept amping up the deals Monday, the first day after Thanksgiving weekend's strong online sales, to try to maintain the momentum.

Online retailers hope the convenience of the Web, plus discounts and deals, spur still-nervous shoppers to spend more online this holiday season - even as traditional retailers brace for mediocre sales....

When the holiday shopping season kicks off the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers.