David Cadden, a professor in the Department of Entrepreneurship and Strategy in the School of Business, is available to comment on Macy’s plan to open some stores for shopping on Thanksgiving, according to a report in USA Today.
“This obsession with opening stores either at the end of Thanksgiving or now at the beginning of the day is ridiculous. It’s reminiscent of the dreadnought building boom before World War I. Each side feels obligated to build a larger behemoth.
“First of all, Macy’s is requiring a number of employees to participate in the parade in New York City. At least that gives those employees a sense of being in ‘show business.’ Now they expect employees at other locations to give up Thanksgiving with their family to work in the store. Does Macy’s really believe that there will be hoards of shoppers foregoing Thanksgiving celebrations to buy items at discount? As Talleyrand once said, ‘This is worse than the crime, it’s a huge blunder.’”
To speak to Cadden, call John Morgan, associate vice president for public relations, at 203-206-4449 (cell) or 203-582-5359 (office).