Consumer Goods: Everything You Need to Know About Black Friday
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 24 November 2015
⏱️ 18 minutes
🧾️ Download transcript
Summary
From its origins to present day, we dive into this annual tradition and its impact on the retail industry.
Transcript
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| 0:00.0 | We're going Black Friday shopping on this Consumer Goods Edition of Industry Focus. Greetings Fool's, I am Sean O'Reilly here at Fool Headquarters in Alexandria, Virginia. |
| 0:16.3 | It is Tuesday, November 24, 2015, and joining me today is a Prince Amongst Men, Mr. Vincent Shen. |
| 0:22.3 | Vince, happy Thanksgiving. Shoean. How you doing? is a prince amongst men mr vinson shen vince happy thanksgiving |
| 0:23.4 | happy thanksgiving shon they do not a big plans you're going home to new jersey I assume yeah just |
| 0:27.8 | just want to see family spend time with them not sure if I will be doing that much shopping though a lot of other people will |
| 0:35.1 | be when we talk about it on the show today. |
| 0:37.3 | Guess what I'm doing. |
| 0:39.2 | Not only is my family, my wife and son and I staying here, we're from the Midwest, but I am making the turkey. |
| 0:46.0 | Oh, really? This will not end well. There's actually no possible outcome that's going to be good for anybody, but we're doing it. |
| 0:53.0 | Anyway, so we are talking about Black Friday. |
| 0:57.6 | Sure. |
| 0:58.6 | The day when people trample their fellow human beings trying to get into the door of a best buy trying to get a discounted flat screen TV |
| 1:06.6 | I try not to look at it too cynically but yeah people die Vince |
| 1:12.1 | People have died during Black Friday shopping |
| 1:15.4 | Friendsies. That's true to my to our listeners please be kind |
| 1:19.6 | Don't kill anybody on Black Friday |
| 1:22.2 | So first of four was I actually wanted to do and I'm actually really Don't kill anybody on Black Friday. |
| 1:22.6 | So first in form was I actually wanted to do, |
| 1:24.4 | and I'm actually really excited to see what you found, |
| 1:26.8 | the history of Black Friday. |
| 1:29.6 | How did it start? |
| 1:31.0 | When did it start? Sure, sure. |
... |
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