Home Depot Stock Rises on Thanksgiving Closure Announcement
Home Depot shares edged higher in Tuesday afternoon trading after the home improvement retailer confirmed all locations will close for Thanksgiving and Christmas. The decision, which aligns with a growing trend among major retailers, aims to boost employee morale and avoid public backlash over holiday operations.
Retail giants Walmart and Target are adopting similar closures, reflecting a broader industry shift toward prioritizing workforce well-being during holidays. Home Depot's stock (NYSE:HD) gained modestly as investors responded positively to the employee-centric policy.