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Black Friday to outshine Boxing Day sales

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In a retail revolution that has surprised even seasoned shoppers, Black Friday is set to outshine Boxing Day sales this year.

Traditionally, Boxing Day has held the crown as the biggest shopping day of the year in many countries.

However, the COVID-19 pandemic has upended shopping habits, leading to a shift in consumer behavior that is reshaping the retail landscape.

The pandemic accelerated the already growing trend of online shopping. With lockdowns and social distancing measures in place, consumers turned to e-commerce in record numbers.

Black Friday, traditionally known for in-store doorbusters, has also embraced the digital realm. Retailers have adapted by offering online-exclusive deals and expanding their e-commerce infrastructure.

This year, consumers are poised to flock to Black Friday sales both in stores and online, with retailers offering deep discounts on a wide range of products.

As a result, industry experts predict that Black Friday will surpass Boxing Day in terms of sales revenue, marking a historic shift in the retail calendar.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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