Lou Whiteman
👤 SpeakerAppearances Over Time
Podcast Appearances
Can I go to New Zealand?
Can I go visit Peter Beck?
That sounds fun.
I don't think the weakness is masked.
I think Rachel did a good job outlining what is going on behind these numbers.
Top line is great.
And yeah, it was great.
$44 billion in sales from Thanksgiving to Cyber Monday.
That's great numbers.
But it's the volume.
It is how much people are buying.
Another thing to put on Adobe that tracks all of this, they found an uptick in discounted consumer staples.
Amazon was putting toilet paper on sale, too, and people were buying that.
It's not necessarily that gifts and holiday spending is driving this.
It's also worth noting, U.S.
spending grew at just half the pace of global spending.
As Rachel said, this is a global phenomenon now.
spending was up 2.6%.
Globally, it was 5.3%.