“It’s Make-Or-Break Time For Retailers: Black Friday Update”
November 29, 2019
“Early November results bode well: Comparable-store retail sales gained 1.3% in the first two weeks of the month, according to Fiserv, a major U.S. processor of credit-card transactions. Cooler weather likely spurred apparel growth for warmer, seasonal clothing, particularly at teen and family retailers, said Bloomberg Intelligence analyst Poonam Goyal…
Black Friday is always a critical day for retailers, but the stakes may feel even higher this year, and the calendar is to blame. With Thanksgiving falling on its latest possible date, there are only 26 shopping days between your turkey dinner and Christmas — compared to 32 last year. That has some companies in a panic, and it means physical stores could feel more crowded than normal in the coming weeks as buyers try to cram all their shopping into a shorter window…”
https://www.investors.com/news/amazon-toy-stores-electronics-outlets/