Whats Behind the Decline in Holiday Retail Numbers?

The video discusses the NRF's controversial report of an 11% sales drop, questioning its accuracy. It highlights the impact of Cyber Week on consumer behavior and the shift from physical stores to online shopping, which is experiencing significant growth. The video also anticipates a highly promotional holiday season with ongoing sales opportunities.

What percentage decline in sales did the NRF report compared to the previous year?

• 5%

• 11%

• 20%

• 15%

Who criticized the NRF's methodology and track record?

• Barry Ritholtz

• Mark Zuckerberg

• Elon Musk

• Warren Buffett

What term is used to describe the Monday after Thanksgiving known for online shopping deals?

• Black Friday

• Small Business Saturday

• Cyber Monday

• Gray Thursday

What is the expected growth range for online sales according to the speaker?

• 10-20%

• 0-5%

• 20-30%

• 5-10%

What is the speaker's outlook on the holiday season sales?

• Sales have already peaked

• It will be a highly promotional season with many sales still to come

• There are no more deals available

• Sales will decline further