Walmart announced it will close all of its stores in the U.S. on Thanksgiving Day — around 4,600 of them. The mega outlet is following in the footsteps of other retailers such as Target, Lowe's and Costco who have all made the same decision.

Many big and small chain stores are closing its doors for Thanksgiving Day so that employees can spend the Holiday with their families. According to AP, Walmart is one of the big chain stores that will be closed on Thanksgiving Day.

Many grocery store and retail chains will be closed on Thursday, Nov. 28 in observance of Thanksgiving. Here's what to know about Walmart.