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Black Friday Sales Reflect US Consumer Confidence

10 mins·07:30, 29 Nov 2023
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Black Friday Sales Reflect US Consumer Confidence

10 mins
·
07:30, 29 Nov 2023
·

Guest: Poonam Goyal (Head and Senior E-Commerce & Athleisure Analyst), Bloomberg Intelligence

We look at the health of the US retail sector on the back of the biggest shopping event in the calendar. Over the weekend, inflation-weary American consumers were coaxed by various discounts happening over Black Friday through to Cyber Monday. Poonam Goyal, Head and Senior E-Commerce & Athleisure Analyst at Bloomberg Intelligence shares with us what US consumers were buying and which players have been benefiting from this.

Image credit: Shutterstock.com

Presenter: Shazana Mokhtar, Anwar Mahbob, Philip See

Producer: Moh Heng Ying

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