#retail #yahoofinance #cybermonday
Bernstein Analyst Aneesha Sherman joins Yahoo Finance Live anchors to discuss the record-breaking online Black Friday sales, inflation, excess inventory, consumer trends, and the outlook for retailers.
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Wow! A very smart and detailed analyst! Maybe one of the very few I have ever seen on a news segment, ANYWHERE.
Only up 2 percent because everything cost more. Smh.
Up 2.3% yoy nominally = down something like 5% in real terms…. Great Success!
Also if that’s online sales, which have arguably become more popular relative to in-store, what were the overall and in-store sales like?