CG: Retailers Brace Themselves for Black Friday and the All-Important Holiday Season
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 22 November 2016
⏱️ 27 minutes
🧾️ Download transcript
Summary
As the holiday shopping season continues to make its outsized contribution to the top and bottom lines of our favorite companies, we look at the forecasts and key retail trends that will come into play this year. Black Friday may be losing its luster, but hundreds of billions of dollars are still up for grabs in the coming weeks.
Transcript
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| 0:00.0 | This episode of Industry Focus is brought to you by Rocket Mortgage by Quicken Loans. |
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| 0:16.5 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market |
| 0:20.3 | every day. It is Tuesday, 22nd and I'm your host |
| 0:23.6 | Vincent Shen and joining me via Skype from West Palm Beach is full |
| 0:27.4 | com contributor Dan Klein. How are you Dan? I'm great how are you? I'm doing well |
| 0:32.2 | so with you know the time of year and I think a |
| 0:37.4 | topic in the news and taking over a lot of headlines around this time of year with Black Friday, |
| 0:43.7 | Thanksgiving. I figured we really couldn't help ourselves. We have to do |
| 0:47.8 | kind of a Black Friday holiday season special and just talk a little bit about some of the strategies and |
| 0:54.1 | other developments we're seeing in the consumer and retail world. So I figure |
| 0:57.6 | first we can tackle some of the bigger picture expectations for this year and |
| 1:01.5 | then we can dive maybe a little bit more into |
| 1:03.7 | the specific trends in the industry how specific companies are approaching this |
| 1:07.9 | you know very important period for a lot of them how does that sound? |
| 1:11.0 | Absolutely it comes down to Black Friday is of them. How does that sound? Absolutely. |
| 1:12.8 | It comes down to Black Friday is not quite as big as at once was, |
| 1:17.2 | but it's still absolutely enormous. |
| 1:19.0 | You know, the season itself is spreading out. |
| 1:21.2 | You've been able to get Black Friday deals pretty much since |
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