Why Black Friday Will Look Different This Year | 8

Business Wars

Wondery

History, Business, David Brown, Management

4.6 • 13.2K Ratings

🗓️ 25 November 2020

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Black Friday, the busiest shopping day of the year, will break the mold this year, as the pandemic sends retailers scrambling for new ways to bring in customers while minimizing large crowds. But the changes to American shopping habits predate the pandemic. Host David Brown talks with Business Insider retail correspondent Madeline Stone about what to expect from a COVID Christmas and which changes to our spending habits are likely to stick.

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Transcript

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0:00.0	Hey, Prime members, you can listen to Business Wars Add Free on Amazon Music. Download the app today.
0:06.0	I'm David Brown and this is Business Wars.
0:36.0	Black Friday has long been considered the busiest shopping day of the year, the day after Thanksgiving kicks off the Hullabe shopping season.
0:46.0	You might see people camped out intense to grab a dirt cheap deal on the latest TV or gaming system.
0:52.0	Crowds shoving into stores in years past in some cases have led to Black Friday brawls.
0:58.0	But when you're fighting a pandemic, stores want the business but don't want the crowds.
1:03.0	They've had to pivot as they try to recover from the spring and summer pandemic punch.
1:08.0	In many areas, malls and stores forced to shut down of reopen just in time for the holiday shopping season.
1:15.0	And with viral levels spiking in many areas, they could close again.
1:20.0	In-person customers have been slow to come back.
1:23.0	That means they're having to get creative and they're holding out incentives for customers.
1:28.0	And this is where Madeline Stone comes in. She's a correspondent at Business Insider Covering Retail.
1:34.0	We'll talk about ghosts of retail past, present and future.
1:38.0	There's a virus threatens to be the Christmas Grinch. All that's coming up next.
1:47.0	13 years ago in one of the cramped dorm rooms of prestigious Serylorence College, a nightmare unfolded.
1:54.0	The students didn't know it yet, but when a bizarre new roommate moved in, he would change their lives forever.
2:00.0	Devil in the dorm, an exclusive new podcast on Wondery Plus, dives into the horrifying story of Larry Ray, who moved into the dorms with his daughter.
2:09.0	Shortly thereafter he started to control, manipulate and brainwash some of the students.
2:14.0	And before long, Ray had amassed what could be best described as a small cult following.
2:19.0	Devil in the dorm, a six-part investigative series, draws from transcripts, exhibits, audio files and video recordings from Larry Ray's federal trial to give listeners unprecedented insight into his heinous crimes, which include extorting millions of dollars through violence, psychological torture, and forced sex work.
2:38.0	You can listen to Devil in the dorm exclusively on Wondery Plus, join Wondery Plus in the Wondery app or on Apple Podcasts.
2:53.0	Madeline Stone, correspondent of Business Insider, welcome to Business Wars.
	...

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