Michigan retailers have been busy this weekend with the beginning of the holiday shopping season. But Monday could be a very big day as well.
The National Retail Federation coined the term ‘Cyber Monday’ five years ago to describe the growing trend of holiday shoppers flooding store websites on the Monday following thanksgiving. A recent survey found more shoppers planned to shop online Monday than stand in line on the Friday after Thanksgiving.
More than 600 volunteers served people in need a hot Thanksgiving meal today in Grand Rapids. Thousands of homeless, elderly, sick and downtrodden came for the feast.
Michigan retailers are optimistic that holiday sales will be better this year.
The first real test comes this week.
Thanksgiving is such a pivotal time for Michigan retailers many aren’t waiting for their customers to finish their turkey dinners.
K-Mart, Sears and other retailers plan to be open on Thanksgiving day. Many other stores, like Banana Republic and the Gap will open their doors Thursday night.
Unemployment benefits will run out for millions of Americans this spring if Congress doesn't extend the unemployment insurance program (an unemployment line in California in 2007).
The Associated Press reports that the state "will stop taking new extended unemployment benefit applications after Saturday because Congress has failed to renew the program."