Behind Black Fridays Disappointing Retail Sales Numbers

The video discusses the decline in retail spending and traffic, with estimates from the National Retail Federation indicating an 11% drop. Retailers suggest these numbers might be underestimated. Factors like early promotions and a recovering economy are considered. Cyber Monday sales are expected to rise slightly, with online sales gaining traction. Black Friday is now a global phenomenon, with countries like Romania showing increased interest.

What was the reported percentage decrease in spending during the holiday season according to the National Retail Federation?

• 6.4%

• 11%

• 4.5%

• 15%

Which factor is NOT mentioned as a reason for the decline in holiday spending?

• Lack of deep discounts

• Increased travel costs

• Earlier promotions

• Improving economy

What is the expected trend for Cyber Monday sales according to the National Retail Federation?

• Significant increase in traffic

• Slight decrease in traffic

• No change in traffic

• Major decrease in sales

Which country was surprisingly ranked second in Google searches for Black Friday?

• Bahamas

• Jamaica

• Romania

• Canada

Which of the following countries was NOT mentioned as having a high interest in Black Friday deals?

• Canada

• Jamaica

• Paraguay

• Australia