The initial numbers are in, and the holiday shopping season has started well – in most cases. Adobe Analytics data shows Black Friday online sales rose 10% year over year to $10.8 billion as shoppers feasted on deals. Mastercard SpendingPulse data pegged sales rising 14.6% online for Black Friday while only rising 0.7% in stores. Top-selling categories included apparel and footwear. Meanwhile, RetailNext data noted that in-store customer traffic nationwide fell on Black Friday and the holiday weekend. In this special Opening Bid roundtable, Yahoo Finance executive editor Brian Sozzi drills into all things consumer on Cyber Monday. At the table on this Cyber Monday include: Barclays analyst Adrienne Yih, BMO Capital Markets analyst Simeon Siegel, and Mastercard Economics Institute chief economist Michelle Meyer. The group not only looks at who in retail is winning the holiday season shopping battle, but who stands to win and lose in 2025 and why. For full episodes of Opening Bid, watch on our website or listen on your favorite podcast platform.
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