New Balance announced plans to close all operations, including owned stores, on Friday in observance of Juneteenth, which takes place on June 19 to commemorate the end of slavery in the United States. New Balance announced the change in a statement on its website.

In the active space, Nike on June 11 announced plans to make the day a paid holiday. In the retail space, Target is closing its Minneapolis headquarters Friday and offering time-and-a-half pay for hourly retail employees who work. Best Buy and J.C. Penney gave employees a paid volunteer day that could be used Friday or another day this year.

New Balance’s full statement reads as follows.

How we’re honoring Juneteenth.

June 19, 2020

In support of the Black community and to further the important dialogue about racial inequality and social injustice, New Balance will close our operations in the United States, including the retail stores we own and operate, to recognize Juneteenth on Friday, June 19, 2020, as the emancipation from slavery of African Americans in this country in 1865.

We recognize the significance of this milestone in the fabric of our history and stand alongside all of those advocating for equality and against racism. We believe this is an important time to acknowledge and educate ourselves on the history, experiences, sacrifices and achievements of African Americans and reflect with family and friends on how we can work to shape meaningful change for an equal and inclusive path forward.

New Balance is grounded in our core values of integrity, mutual respect and total customer satisfaction. We have and always will prioritize humanity and we are committed to fostering a diverse, inclusive and equal society. We believe it is not enough to do well, we have to do good.

As a result of this company holiday, order and customer care response might be delayed. We thank you in advance for your understanding and support.

Rendering of the New Balance headquarters at night, image courtesy of Elkus Manfredi