EX-CEO of Toys R Us: stores should be CLOSED on Thanksgiving!

Stores should not be open on Thanksgiving Day because it doesn't make sense on moral or economic grounds, said John Eyler, former chairman and CEO of Toys R Us.

With the Black Friday creep intensifying in recent years, Eyler told CNBC on Wednesday: "I think Thanksgiving is sort of the one nondenominational holiday that ought to be enjoyed by everyone with their families. I am totally opposed to opening on Thanksgiving."

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"Economically, I don't think it makes sense either," he argued. "When you talk about staffing a store on Thanksgiving you're talking about at least double time in terms of salaries. And I don't believe that you do anything but spread out the volume with adding a lot of expense. I think it makes no sense."

[link to www.cnbc.com]