www.bloomberg.com
Mastercard reports Black Friday retail sales surged 4.1%, exceeding last year’s 3.4% increase, offering valuable insight into consumer sentiment at the start of the holiday season. Bloomberg Open Interest featured Marc Rosen, CEO of Catalyst Brands, the parent company of retailers like JCPenney and Brooks Brothers, to provide an on-the-ground perspective on consumer shopping behavior. His insights provide a direct read on what shoppers are actually buying and how they are spending their money during this crucial shopping period.
