The Presidential Daily Brief


  1. Online Sales Chill Otherwise Healthy Black Friday Sales

    It's still huge: American holiday shoppers set new buying records on Black Friday, with in-store sales rising 4.2 percent over last year. But as Cyber Monday dawns today for online retailers, there's a hard reality setting in for brick-and-mortar establishments: Foot traffic fell 6.2 percent Friday, signaling that more and more shoppers are skipping the stores altogether.

    How are retailers making the transition? Outlets like Target, Walmart and Best Buy are pushing online sales to compete with Amazon, shifting staff to handle deliveries and coaxing online shoppers to pick up orders in stores.

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