Australians to spend $1m a minute from Black Friday sales, NAB specialist estimates | Finance Report

Subscribe to The Global Herald in Google News

ABC News (Australia) published this video item, entitled “Australians to spend $1m a minute from Black Friday sales, NAB specialist estimates | Finance Report” – below is their description.

National Australia Bank estimates that Australians over $5.5 billion over four days from Black Friday to Cyber Monday.

Alan Kohler on why Aussies go crazy over Black Friday sales.

ABC News (Australia) YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


Subscribe to The Global Herald in Google News

Similar Content

About This Source - ABC News (Australia)

The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.

Recent from ABC News (Australia):

  • The locals who bought their local pub to keep it from closing | ABC News
  • US and Russia meet for talks in Geneva as fears of Ukraine invasion continue to grow | ABC News
  • Swimming Australia releases findings of report on treatment of women and girls | ABC News
  • In This Story: Black Friday

    Black Friday is an informal name for the Friday following Thanksgiving Day in the United States, which is celebrated on the fourth Thursday of November. The day after Thanksgiving has been regarded as the beginning of the United States Christmas shopping season since 1952.

    5 Recent Items: Black Friday

  • Oakland County Sheriff Gives Updated on Arrested Michigan Parents
  • PS5, Xbox Series Announcements We Hope to See at the Game Awards – Next-Gen Console Watch
  • Etsy CEO Says Company Is Meeting Demand
  • ‘The Five’: Black Friday more like Glock Friday
  • Gold Coast records mystery COVID case with several exposure sites listed in Robina| 7NEWS
  • In This Story: Cyber Monday

    Cyber Monday is a marketing term for the Monday after the Thanksgiving holiday in the United States. It was created by retailers to encourage people to shop online. The term was coined by Ellen Davis of the National Retail Federation and Scott Silverman, and made its debut on November 28, 2005, in a Shop.org press release entitled “‘Cyber Monday’ Quickly Becoming One of the Biggest Online Shopping Days of the Year”.

    Cyber Monday takes place the Monday after Thanksgiving; the date falls between November 26 and December 2, depending on the year.

    Cyber Monday has become the online equivalent to Black Friday and offers a way for smaller retail websites to compete with larger chains. Since its inception, it has become an international marketing term used by online retailers across the world.

    4 Recent Items: Cyber Monday

  • How retailers can better adapt to a more digital world
  • Cyber Monday sales
  • Shopify CEO Says Legacy Brands Are Suffering
  • Military Wife Shares Easy Ways To Give Back For Giving Tuesday
  • Leave a Comment

    We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.

    Posting....