The speakers discuss the current trends in holiday shopping, including the increase in promotions and incentives, the growth of department stores and big marketplaces, and the impact of consumer caution and debt. They also explore the importance of cashback and incentives for brands during and after the holiday period.
On a special Black Friday edition of Bloomberg Markets, Carol co-hosted with Paul Sweeney. Julie Van Ullen, Chief Revenue Officer at Rakuten, joins to discuss shopping on Black Friday, holiday shopping outlook, and consumer health and potential ways to save. Belinda Oakley, CEO at SodexoLIVE!, joins to discuss jobs in the hospitality industry and outlook for the company and the hospitality space. Charles Gillespie, CEO at Gambling.com (NASDAQ: GAMB), joins to discuss his company’s earnings and outlook for sports gambling as we head into peak NFL and college football season, and the NFL’s first Black Friday game ever. Tom McGee, CEO of ICSC, discusses Black Friday and holiday spending retail projections. Hosted by Paul Sweeney and Carol Massar.
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