Black Friday shopping, the annual rite of passage on the day after Thanksgiving, is creeping further into the holiday as more stores open their doors a day early.
Black Friday, which typically is the year’s biggest shopping day, for a decade has been considered the official start to the busy holiday buying season. Now Thanksgiving is slowly becoming just another shopping day.
Major retailers, including Target and Toys R Us, slowly have pushed opening times into Thanksgiving night to one-up each other and compete for holiday dollars.
This year, more than a dozen major retailers are opening on Thanksgiving, including Macy’s, J.C. Penney and Staples that are doing it for the first time. The Gap, which operates its Old Navy, Gap and Banana Republic, is opening half of its stores on Thanksgiving morning.
Wal-Mart Stores Inc. said Tuesday that it will start offering its holiday deals in its stores at 6 p.m. on Thanksgiving – two hours earlier than last year.
Apple-Samsung trial gets underway again
A federal judge and lawyers for the world’s two biggest smartphone makers have begun picking a jury to determine how much Samsung Electronics owes Apple for copying vital iPhone and iPad features.
The retrial to determine damages began Tuesday morning in San Jose.
A previous jury had awarded Apple $1.05 billion after determining 26 Samsung products had infringed six Apple patents. But a judge found the jury miscalculated $400 million in damages for 13 products and ordered a new trial for a recalculation.
Heart disease drug fails late-stage study
A potential GlaxoSmithKline heart disease treatment acquired in a key company takeover fell short in a big, late-stage study.
The British drugmaker said Tuesday that the treatment, darapladib, failed to produce a statistically significant reduction in major cardiovascular events when added to a patient’s standard of care that could include a cholesterol treatment, aspirin and blood pressure medications.