Retailers stay open later to accommodate last-minute shoppers

12/21/2009 | Bloomberg

With more holiday shoppers putting off purchases until the last minute, retailers are staying open later and longer as a means to reduce inventory at minimal cost. Wal-Mart stores will stay open until 8 p.m. Christmas Eve, Toys R Us will extend its store hours until 1 a.m., and most Target stores will stay open until midnight.

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