Long Christmas Weekend Helps Retail Cap Strong Season

The video discusses the strong performance of the holiday shopping season, driven by consumer confidence and economic recovery. It highlights the role of low unemployment and a strong stock market in boosting consumer spending. The discussion also covers the impact of online shopping and retail strategies, including extended store hours during the holiday season.

What category has consistently performed well during the holiday season?

• Toys

• Electronics

• Fashion

• Home improvement

What economic factor is contributing to the strong consumer confidence?

• Weak stock market

• High unemployment

• Decreasing wages

• Low unemployment

What is expected to be the backbone of the economic recovery?

• Government spending

• Consumer spending

• Export growth

• Corporate investments

Why is online shopping growing faster than overall retail spending?

• More variety online

• Better customer service

• Lower prices online

• More convenient for procrastinators

Why do retailers stay open on Christmas Eve?

• To offer special discounts

• To take advantage of last-minute shoppers

• To compete with online sales

• To clear out old stock