Target and Walmart top the list of Wall Street analysts’ Black Friday winners
Walmart and Target bucked the overall trend of a calmer Black Friday, as the big box retailers saw strong in-store foot traffic despite a large portion of retail moving online, according to Wall Street analysts. Black Friday foot traffic declined about 6% from last year, the weakest result since 2014, according to ShopperTrak, but Walmart and Target attracted more in-store shoppers. Meanwhile, online sales for Thanksgiving and Black Friday increased 17% year-over-year, according to Adobe Analytics.
A 112-year-old letter found in a beer bottle during renovations
Renovations at Montclair State University in New Jersey uncovered a 112-year-old letter stuffed into a beer bottle. The note, written by the workers who built one of the original buildings on campus, was discovered while taking down a wall earlier this year.
"Consumer confidence declined for a fourth consecutive month, driven by a softening in consumers' assessment of current business and employment conditions," said Lynn Franco, senior director of economic indicators at The Conference Board. The silver lining? "Overall, confidence levels are still high and should support solid spending during this holiday season."
Love Beer? This Is Why Münster Should Be On Your Travel List
While planning a beer-centric trip to Germany, one may think a visit to Oktoberfest in Munich is the most authentic way to go. But, as Emily Cappiello shares, there is another city in Northwest Germany that is worth paying a visit. A city with its own deep roots in beer as well as charm and history: Münster.
