Motley Fool Money Who Won Black Friday, Cyber Monday?
23 snips
Dec 3, 2024 
Bill Mann, an investment analyst at The Motley Fool, shares insights on changing retail dynamics, highlighting a shift towards online shopping and the impact of South Korea's political landscape on companies like Samsung. Cybersecurity expert Dave Hatter discusses the dangers of data collection by big tech and practical steps for protecting personal information. They delve into the evolution of consumer habits during peak shopping days, the challenges faced by traditional retailers, and the increasing importance of digital privacy in a tech-driven world.
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Shift to Online Shopping
- More shoppers bought from Shopify merchants during Black Friday/Cyber Monday.
- In-store traffic declined, suggesting a shift to online shopping.
Retailer Discounting
- Look at how retailers discount during the holiday season.
- Excessive discounts may signal long-term problems.
JCPenney Discounting
- Ron Johnson tried to eliminate discounts at JCPenney.
- This failed because shoppers were conditioned to expect coupons.