Page 2 - 682 Billion News Today

When you look at the big picture for the entire holiday season. lets say 170 billion online. overall 682 billion. yes mobile shopping and online is huge. brick and mortar still exist and for a reason. shoppers will come in. 115 million people expected to shop today. go figure. the biggest shopping day expected of this weekend. >> ed: ive got to correct you. those numbers are wrong without arthel going out there and shopping. theyll go up a lot higher. she is about to go out. >> arthel: im adding...

Weekend and cyber monday. that is $682 billion. and that is up from what we saw last year. now, is this a positive sign across the board for the economy? >> it is. what theyre saying is people are expected to spend more money right now, about $30 more per person. that is a positive sign. it is good right now for retailers in this moment. but, look, retailers have been going bankrupt. theyve been closing stores. even if we have a blip of success in this holiday season, that trend is not going to ...

Holiday shopping season. >> a wave of bargain hunters flooding malls and stores across the country. the black friday frenzy actually getting started on thursday. turkey and stuffing apparently not enough for shoppers hungry for savings. >> im always out, always out, especially on thanksgiving, black friday. >> reporter: and there are some big deals today. top american retailers slashing their prices 37% on average. analysts say the best buys will be on electronics, appliances and jewelry. the na...

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