“Bargain hunters will again be out in force Saturday, fueling what could be record-breaking holiday shopping sprees on the heels of a busy Black Friday. Stores and malls saw high volumes Friday in what has traditionally been the start of the pre-Christmas rush. This year, analysts predict holiday spending will balloon to more than $1 trillion for the first time. Kenneth Craig reports.”
CBS This Morning
Published on Nov 24, 2018
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Struggling retailers hope to see a holiday boost this weekend. Seventy-one percent of Americans plan to shop on Black Friday, in stores and online, according to a National Retail Federation survey. It finds the average household will spend more than $1,500 dollars over the holidays. CBS News financial contributor Mellody Hobson joins “CBS This Morning” from San Francisco to discuss how retailers are fighting for your business.
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Published on Nov 23, 2018