Rename Black Friday — SoulCycle vs. Peloton — Dollar Tree’s 19% stock plummet

The Best One Yet

Nick & Jack Studios

Business, News, Finance, Pop Culture, Business News, Tech

4.6 • 9.8K Ratings

🗓️ 2 December 2019

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Black Friday in-store shopping actually fell from last year — but purchases made on smartphones and with in-store pickup dominated, so we’re renaming it: “Mobile Cyber Pickup Week.” SoulCycle just lost its CEO while Peloton stock had its best week ever, so we’re getting on both bikes. And Dollar Tree’s stock dropped 19% last week, so we’re looking at how tariffs are about to change everything.Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick, this is Jack, and this is Snacks, Daily Welcome Back.
0:05.4	It is Monday, December 2nd.
0:07.6	This is weird.
0:08.6	Happy, belated Thanksgiving, everybody.
0:10.9	Now despite all the odds, this is the best one yet.
0:14.3	It's the best one we've definitely ever done in December.
0:16.8	Jack, can you hit us with the first story over here?
0:18.6	Alright, we're talking Black Friday.
0:20.0	The number of shoppers hitting stores Friday, to splurge and burn off all that turkey
0:23.9	and stuffing calories actually dropped this year.
0:27.3	But it's still set records in a funny way.
0:28.8	Jack and I got a new name for this thing.
0:30.4	Black Friday is no longer Black Friday.
0:32.6	It's mobile cyber pickup week.
0:35.4	We're working on that.
0:36.4	Doesn't quite have the same ring.
0:38.2	There's a second story.
0:39.5	Soul cycle just lost its CEO.
0:41.9	Peloton stock though, had its best stock week ever.
0:46.2	Good for you Peloton.
0:47.2	We're tapping our butts back and we're going to compare the two spinning companies.
0:50.7	Perfect timing to do this.
	...

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