Walmart Inc (NYSE:WMT) will not pay additional salary to its employees, who work on Black Friday and Thanksgiving days. Instead, it will pay discounts to the employees, who work in shifts during the Thanksgiving Day and Black Friday. The largest retailer in the US has received criticism for this attitude. Amazon and Target will pay their workers for the time and additional half pay for each hour worked on these days.
Over 165 Million shops on Thanksgiving Day
Over 165 million people in the US will shop on Black Friday and Thanksgiving Day. Walmart keeps its shops open on these days and begins the sale at 6 PM on Black Friday. Other large retailers like Trader Joe’s, Costco, and Barnes & Noble close their shops to allow the workers to stay with their families on the national holidays.
15% discount to Walmart workers
Instead of making a holiday pay, Walmart will offer a discount of 15% to the workers on shopping at its store. Workers, who work in shifts from Wednesday to Saturday, are eligible for a 15% discount. The retailer also offers a 10% discount to the employees in December.
Walmart prepares for the shortened holiday season
To maximize savings for the customers during the holiday shopping season, Walmart is gearing up with top gifts and fun stories. CMO and Executive Vice President of Walmart US, Steve Bratspies, said the customers at its store look for lucrative deals every day. Therefore, holidays are not an exception for its loyal customers.
With better pricing, Walmart expects to offer the best saving option for the buyers during the holiday season. Ensuring and maximizing savings for its customers is paramount for Walmart. The largest retailer in the US is preparing to help the customers to buy essentials and what they want for a big meal and special parties with its tech-enabled shopping.
Top Picks for the Black Friday
The customers can save up to $200 on Samsung Galaxy, Galaxy S10, and Galaxy S10+ beginning today. You can save up to $150 on Apple iPhone 6S, 6S Plus, XS. Holiday shoppers can also enjoy better deals on Microsoft Xbox One X, Air Pods, Laptops, and Smart Watches.