Black Friday Shoppers Expected to Spend More Despite Pandemic

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  • Bloomberg Quicktake: Now published this video item, entitled “Black Friday Shoppers Expected to Spend More Despite Pandemic” – below is their description.

    Black Friday is considered the official kickoff of the holiday shopping season. With billions of dollars on the line, retailers must get this right. Usually the playbook for the day is pretty simple: Cut prices, stock shelves and prepare for crowds. In 2020, like with most things, Black Friday looks different. This holiday season, online sales are estimated to spike 33% to $189 billion, according to Adobe Analytics. Department stores in a normal year can bring in a quarter of their annual sales during this period. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake

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    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.

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