On Monday, Walmart U.S. CEO John Furner declared that the retail giant would not open on Thanksgiving for the fourth year in a row.

"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," Furner communicated in a video message to associates on X, previously recognized as Twitter.

Walmart stands as the inaugural major retailer to confirm its holiday closure this year, and it's probable other competitors will emulate this decision.

This trend, which originated during the COVID-19 outbreak, has persisted in recent times. Companies have chosen to shut their doors on the holiday as a gesture of gratitude to their employees for their dedication amidst the global health challenge, providing them with additional time off.

Previously, corporations exploited Thanksgiving as a precursor to Black Friday deals. Yet, several prominent retailers have recently affirmed their intent to remain closed on the holiday for the upcoming years.

"It’s a thing of the past," Furner commented on the "Today" show the previous year, addressing the prospect of the store operating during the holiday.

Similarly, in 2021, Target CEO Brian Cornell declared that the brand's outlets would remain shut on Thanksgiving Day "moving forward."

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