Latest / Power Players with Brian Sozzi
Cyber Monday sales look hot; but will tariffs hurt it in 2025?
he initial numbers are in, and the holiday shopping season has started well – in most cases. Adobe Analytics data shows Black Friday online sales rose 10% year over year to $10.8 billion as shoppers feasted on deals. Mastercard SpendingPulse data pegged Black Friday sales rising 14.6% online for Black Friday, while only rising 0.7% in stores. Top selling categories included apparel and footwear. Meanwhile, RetailNext data noted in store customer traffic nationwide fell on Black Friday and the holiday weekend. In this special Opening Bid roundtable, Yahoo Finance executive editor Brian Sozzi…
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