Behind Black Fridays Disappointing Retail Sales Numbers

Behind Black Fridays Disappointing Retail Sales Numbers

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Social Studies

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some reasons given for the disappointing sales numbers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Which countries showed interest in Black Friday according to the text?

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