Black Friday or 'Bleak Friday'?

The video discusses the economic outlook during the holiday season, highlighting consumer behavior and the shift from online to physical stores. It addresses labor strikes and their impact on the economy, particularly during Black Friday. Retailers face challenges with inventory management and maintaining margins amidst consumer pressure for discounts.

What is one reason the holiday season might be better than expected?

• Omicron is expected to return.

• The economy is open for the first time in three years.

• Consumers have no financial pressures.

• The economy has been closed for three years.

What trend has been observed in consumer shopping behavior?

• A decrease in all forms of shopping.

• A shift from physical stores to online shopping.

• A shift from online shopping to physical stores.

• An increase in online shopping only.

What is a significant issue faced by Amazon and other companies?

• Lack of online sales.

• Protests and demands for higher wages by workers.

• Decreasing consumer interest in technology.

• Excessive inventory.

How might news of strikes affect consumer behavior during Black Friday?

• Consumers might shop more to take advantage of discounts.

• Consumers might hold off shopping due to delivery concerns.

• Consumers will not be affected at all.

• Consumers will only shop online.

What is the main challenge for retailers during the promotional season?

• Balancing inventory levels with consumer demand.

• Increasing prices to maximize profits.

• Maintaining full prices while consumers seek discounts.

• Reducing the number of physical stores.