CG: Black Friday Brings Optimism to Department Stores for the Holiday Season

Industry Focus

The Motley Fool

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4.6 • 854 Ratings

🗓️ 28 November 2017

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Early numbers are in for the Black Friday weekend with strong growth over last year. That momentum has even extended to brick-and-mortar retailers, which saw only small traffic declines during the busy period. Find out why department stores are feeling confident about the quarter, and what investors should watch as they head into the final month of the year.

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Transcript

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0:00.0	Thanks to Slack for supporting the Motley Fool.
0:03.0	Slack is a messaging app that brings together all your team's communications in one place,
0:07.0	making work simpler and more productive.
0:09.0	Go to Slack.
0:11.0	To learn more. Welcome to Industry Focus, the podcast that dives into a different sector of the stock market
0:17.4	every day.
0:18.4	It's Tuesday, November 28th, and I'm your host, Vincent Shen.
0:21.4	Pools, I hope you enjoyed your holiday, some time with family and friends or did some
0:24.4	shopping responsibly during the weekend.
0:27.0	We'll share some of the initial data and trends from Black Friday
0:30.2	before turning our attention to department stores.
0:32.8	And joining me via Skype from Sacramento, California,
0:35.2	I'm excited to welcome Senior Fool.com contributor,
0:38.0	Adam Levine Weinberg, to the show.
0:39.6	Hey Adam, thanks for joining us.
0:41.6	Thanks for having me on the show today.
0:43.0	Sure, it's been too long since I've had you on the Consumer Goods Edition of Industry
0:49.2	Focus. How are you liking life on the West Coast though?
0:52.2	It's been very nice. I just moved out. How are you liking life on the West Coast though?
0:53.0	It's been very nice.
0:54.1	I just moved out here a little less than two months ago
0:57.1	and settling in pretty well.
	...

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