4.6 • 854 Ratings
🗓️ 3 December 2019
⏱️ 36 minutes
🧾️ Download transcript
One of the biggest shopping days of the year is in the books, we break down what the data says about how and where consumers were spending their money and what it says about the ever-changing shape of retail.Stocks: AMZN, JCP, M, TGT WMT
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0:00.0 | This episode of Industry Focus is supported by NetSuite, the business |
0:03.2 | the business in an easy-to-use cloud platform. |
0:08.5 | Download their free guide, seven key strategies to grow your profits today at NetSuite.com slash fool. |
0:15.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
0:21.0 | It's Tuesday, December 3rd, and we are recapping Black Friday. |
0:25.2 | I'm your host, Owen Lewis and I've got Fool.com, Dan Klein with me in the studio. |
0:29.1 | Hey, Dylan, how are you? |
0:30.1 | Hey Dan. Did you go out on Black Friday? |
0:32.4 | I did. |
0:34.0 | So here's the thing. |
0:35.0 | My wife and I have kind of a tradition. |
0:37.0 | Now I just got back from a cruise. |
0:38.6 | I was completely disoriented, like hadn't slept much in five days, but we always go to Target at like four o'clock because |
0:46.1 | there's no longer a line and knowing I was going to do shows like this and I did market |
0:50.9 | fooler yesterday you can get a sense of what people are buying |
0:55.0 | by how the piles are gone. |
0:56.9 | So clearly, Target sold a lot of televisions. |
1:00.0 | You know, Target sold a lot of Legos, |
1:02.3 | a lot of, like, there were some bare sections because if you go the next day they'll fill that in they'll move merchandise around |
1:08.0 | but they set up like pallets of like the best deals and you could tell which ones were empty so you don't see a lot of people but we have |
1:15.5 | learned some lessons in years past we used to buy like the five dollar coffee maker be like |
1:20.0 | oh this will be useful I put on my the five dollar coffee isn't going to last for three cups of coffee. |
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