bertha coombs has that and more on this friday >> good morning.t's right, disney reporting strong growth for disney plus with more than 73 million subscribers as the company americaed t marked the first year of service. its lost of 20 cents a share was much better than expected along with revenue of $14.7 billion. shares are higher in extended trading. and speaking yesterday, disney ceo said given the success of disney plus, the company will have a big focus on content. >> we also realize that new content adds subscribers it is clear to us that new content adds subscribers so i think that you will see a continued increase in investment in our direct to consumer platforms and that will then fuel some of the growth that christine will talk about at the investor conference that we expect december 10 >> content is king and content created by folks out there can continue tiktok has been given the green light for now to continue operating in the u.s the commerce department announcing yesterday that it will comply with a preliminary injunction preventing

the stock today down 20% bertha coombs here with the late for us bertha >> reporter: we've seen thisoming for the last three years. amazon's new online normalcy is in network with most insurers build begun on its $1 billion acquisition of pill pack while it won't have physical pharmacies, if you need a prescription right away you can download a card at get it filled at a drug store. you can also talk to a pharmacist virtually now prime members get free two-day shipping and a quick comparison on cash prices when you pay without insurance putting it in direct competition with good rx the best known of the cash discount players to the get a look at comparisons you have to open an account and after entering the last four digits of my social and date of birth i was surprised when the system automatically generated my insurance membership number which makes you wonder about your personal data t.j. parker, the founder of pill pack, tells cnbc the experience inside the pharmacy is separate and distinct from amazon.com and that data will be stored in compliance with health policy rules and no

looms demands for tests are soaring and it puts the strains on those administering the strain bertha coombsnow with more of that bertha >> reporter: while testing capacity has been expanding, demand has gone way up as well states reported a record 1.8 million covid tests remember formed, twice the seven-day average we saw during last july's surge according to data compiled by the covid-19 tracking project combination of new infections and people looking to be test it had ahead of the holidays is leading to long lines at testing sites like city md clinics in greater new york which this week limited hours because the volume of demand has strained the health of their own workforce, and they are prioritizing sick patients now over holiday test requests >> we're not rationing care. we just want to make sure that those who are sick are be seen and if they want asymptomatic testing we can arrange for it, too, but they might have to wait. >> reporter: inter mountain health care in utah has seen a 50% increase in testing demand and higher positivity rates including among its staff. a quarter of inte

here to break down the headlines, dom chu, bertha coombs and robert frank all join me welcome, guys.st up, got to talk about some of the retail movers brick and mortar ain't over. best buy and dick's sporting goods both reporting big third-quarter earnings beat and demand for electronics and athleticwear continues to climb. best buy's comps up 23% year over year and dick's up if%, both a company record. both retailers didn't give forward guidance and they are getting hammered best buy down 6% and dick's 3% we know digital helps those overall comps, but they specifically gave the in-store figures, and they were very strong >> well, you know, for dick's 90% of sales were driven by store including pickup in store and curbside, and that combination, they think it's going to be here to stay for a lot of people. it's a matter of convenience and when it comes to best buy, people may have pulled forward in terms of buying computers and phones and things like that. they may have already bought a television and may still be thinking about it. the body language is not as good on the call if you

i do have to go to bertha coombs, who has breaking news on the affordable care act. >> a brig supreme court hearing over the constitutionality of the affordable care act. and from the arguments, which wrapped up two hours' worth, it appears that the justices are not inclined to throw out the whole law. of course it's foolhardy to say what the justices will decide. basically the republicans are arguing that when the penalty for the individual mandate was zeroed out, it was no longer a tax and that had been a linchpin of just roberts' argument for upholding the law back in 2012 but just roberts didn't seem to be inclined to hear that argument today in fact, some of conservative members, justice alito said you're talking about perhaps a plane that you pull it out and it's not going to fly but from what we've seen, the plane has not crashed. and justice cavanaugh said he's not inclined to go against this issue of servability and say once you ib validate the mandate that the whole law needs to come down it's ub clr whether -- it doesn't appear they want to bring the entire law down. what w

. >> cnbc bertha coombs watching it all for us this morning. od morning, bertha. >> hey, good morning, marcus and laura. we have wall street set to open higher this morning following on yesterday's post-election rally. we saw the dow rising nearly 370 points although it did close off the highs of the day. nasdaq was their stand out. up 430 points or nearly 4%. in fact, the s&p 500 and the nasdaq saw their best post-election rally on record. investors focused on the possibility right now that this presidential race may result in a split government. tech stocks led the way on the belief that if we have a biden victory and a split congress, that would make biden's hope of raising taxes and post stricter regulations on tech companies. health care also a standout there. you have a mixed congress. meantime markets overseas in europe and asia also higher today as we continue to await more election results. marcus and laura, back to you. >> okay. we're breaking up with your microphone, but i want to ask you really quick if we can. if the presidential ra

i'm bertha coombs with your top business headlines from cnbc.all street set to open higher extending yesterday's gains as investors wait out election day. stocks rebounded from last week's sell-off which was driven by a rise in covid cases, a breakdown in talks and uncertainty about the election. the dow rose more than 400 points monday, the best day in nearly a month, a boost in part from data showing manufacturing activity in more than two years. in focus beyond the election we'll get reports on factory orders and auto sales. >>> royal caribbean and carnival are extending the suspension of all cruises through the end of the year as coronavirus cases it continue to rise worldwide. this follows a similar move by norwegian cruise line, the announcement coming daes after the cdc issued guidelines in a resumption after no sail order this past weekend. royal caribbean and norwegian had previously set up an expert panel to safely resume operations as the industry came to a virtual standstill after many ships became hot beds of covid cases last spring

i'm bertha coombs with your cnbc business headlines. stocks set to open higher following yesterday's sell-off as investors continue to grapple with the rising number of coronavirus cases and another potential slowdown of the economy. the dow dropping more than 200 points for a second straight decline. the s&p 500 falling 100% wiping out all the gains for the week after stocks surged on positive vaccine news from pfizer on monday. jay powell says the outlook for the economy remains uncertain in the next few months could be challenging. today we'll be getting reports on producer prices and consumer sentiment. jetblue is gradually phasing out blocked seats on flights and will make all available seats for sale after the holiday travel season. jetblue says the decision follows a number of studies including one from harvard school of public health that validates the safety of aircraft cabins. jetblue will limit capacity for now to 85% between december 2nd and january 7th which is up from the current 70% cap. that's going to allow extra holida

i'm bertha coombs with your top business headlines from cnbc.all street set to pull back at the open this morning. markets are coming off four straight days of gains, even as a result of the presidential election and some key congressional races remain undecided. markets are notching their best week since the dow and s&p up 7% for the week. investors are betting that democrats take the white house and that the senate will stay in gop hands and the odds with that means it will be lower for new tax increases of course the votes are still being counted. peloton, pizza and games, says sales more than tripled in its latest quarter. huge demand is leading to long wait times, though, for delivery. papa john's says sales are up 17%. that's the strongest growth in nearly eight years. the maker of red dead redemption reporting fewer gains this quarter. and watch out, tesla, bentley going ev. the automaker plans to shift to plug-in hybrid and electric vehicles by 2025 and fully electric models by the end of the decade. the century old british company which

. >>> good morning, i'm bertha coombs with your cnbc headlines.all street set to open mostly lower following a strong session for tech stocks yesterday. the nasdaq rising more than 230 points or 2% with large tech names like apple, amazon and netflix leading the charge. nasdaq looking to open slightly higher. the dow and s&p 500, though, falling as stocks dependent on an economic recovery lag. they rallied earlier this week following the positive vaccine from pfizer. that's being offset now by concerns about the rise in covid cases across the country and some areas announcing new restrictions. this morning we'll get the latest data on the number of people filing for unemployment claims as well as consumer prices and this afternoon we'll hear from disney on their quarterly earnings. >>> covid has upended america's housing market. the national association of realtors said it pushed buyers to multi-generational homes or those with two or more adult generations living under the same roof. and that's motivated sellers to move faster. purchases of multi

the pandemic is pushing black friday further online what does that mean for the nation's malls, bertha coombsus? >> reporter: we're here at the garden state plaza in new jersey it's beginning to look a little like black friday. i have to tell you, it's not that hard to get a spot right by the door we keep seeing people coming in quickly, and leave quickly when we come back, we'll tell you how people are shopping this year on e tonofhe biggest shopping days of the year. before we talk about tax-smart investing, what's new? -audrey's expecting... -twins! ♪ we'd be closer to the twins. change in plans. at fidelity, a change in plans is always part of the plan. >>> welcome back black friday looks a little different this year, thanks to the pandemic, but it's still a day for heavy consumer spending and we're watching online and in-store sales closely we're going to check in with bertha coombs at the mall in just a moment. first, let's go to frank holland who's in south carolina and looking at one retail category that's boomed during the coronavirus, home improvement. frank? >> hey, good morning, s

that means for sales strategies as well for the rest of the year and for that, we're joined by bertha coombslains bertha >> good morning, david we've been here on the plaza mall all morning and quite frankly. the stores are open, people want to be coming inside. there are fresh numbers from adobe and most stores are closed and we did see robust buying up 21% online. up $5.1 billion and these predictions and can you imagine, the e-commerce giants did the most smaller merchants doubled what they normally did. they were up better than 200%. here today, we're seeing quite a bit of the returns they're expecting to see mall traffic down 30% we are seeing a lot of folks coming in and coming out with lots of bags and what's interesting is that they are parking and shopping rather than just here for pickup pickup lines with mostly empty we saw few lines early this morning. game stop hoping they might be able to do better in person. a lot of people came away disappointed with nothing in hand and tyson's corner in virginia, the line was so long that in the interest of social distancing started taking p

this time they hope they can get out in front of any demonstrations that erupt. >>> bertha coombs, thanks. >>> gun sales are skyrocketing they ran more than 3 million background checks on people looking to buy firearms. that breaks a record for the month of october so far this year the fbi has conducted 32 million firearm background checks. 4 million more than all of last year the states with the biggest increase over the past two months, north dakota and oregon where cases of such have doubled. ohio, new jersey, maine rounding out the top five >>> cnbc's josh lipton spoke with some americans about why they bought their first gun in the last few months. >> reporter: over the summer ruiz was driving with his friend through portland, oregon, when he saw violent protests erupt. ruiz said that led him to buy his firstha handgun that was 60. >> if you don't have a fire extinguisher, you have to go out and get one. you're not hoping to use it but you have it. >> reporter: he isn't alone. this year nearly 6.9 million americans have bought their first gun. more than double the number of new gun o

. >> joining us now at cnbc bertha coombs. rtha so far so good when it comes to the markets. >> that's right, marcus and laura. we have actually the dow looking to open up about 300 points. the nasdaq up about 250 points after a huge rally yesterday. we saw the dow actually gain 370 points, though that was well off of the highs of the day. the nasdaq was huge. up 430 points or 3.8%. in fact, the s&p 500 and the nasdaq had their best post-election day rally on record. investors right now are focused on the possibility that it looks like you may see joe biden take the presidential race and you may see the senate remain in republican hands. gridlock generally good for the markets. think about the two biggest pieces of ledgestratigislation last decade. they would hold. one being obama care. health care stocks up big and the others the tax breaks passed by the republicans in 2017. you have gridlock. you're not likely to see major change on that. that would be good for tech and that's what you saw that big tech rebound, people coming

bertha, thank you very bertha coombs covering retail for us ty >> the growing spread of covid-19 across u.s. has put pressure on already cautious consumers. a new report from jpmorgan shows spending on chase cards fell significantly in early november, especially in states being hit hard by the virus. here now to discuss is jpmorgan's senior economist jesse edgerton good to have you with us tell us what you found by reelk -- region, by spending category and overall. what kind of dip are we talking about? >> a dip of a few percentage points at this point over the last week or two we're tracking a panel of about 30 million card holders of chase branded credit and debit cards across the country and in the data through november 9th, those numbers had fallen by about 4 percentage point from where they were a week prior in the week ending november 2nd. it is true that those declines were bigger in some of the states where the virus is spreading most rapidly, places like north dakota, wisconsin, minnesota, spending down like 7 percentage points. basically in almost every state, we were seeing n

bertha coombs is at a mall in paramus, new jersey, and has more for us this morning bertha >> we are at the west field garden state plaza, and we are seeing some traffic. they opened early for black friday at 7:00 a.m if you look, people have been pouring in since sun up for the most part, but certainly the parking lot is nowhere near as full one woman told us by this time on a normal year, you couldn't park anywhere near the front of the door to get to a store it makes her a little sad to see it, but she says in some ways it is a little bit of a silver lining >> i think of huge crowds, but obviously there aren't this may end up being the best time to come it might be the safest time. >> yeah, she said she's here because her daughter brought her, she wouldn't have otherwise, but a lot of these mall-based stores have been doing well on line over the last week coming into thanksgiving, kohl's, macy's, both up more than 50%, taking some share from rivals like nordstrom. of course, they're not ding as well as the big box stores, they continue to be the monster share online target up 167%

bertha coombs with a preview of cyber monday good morning, bertha. >> good morning, seema one of theemberships video services get us to subscribe with must-see content. retailers the holidays are like a block buster membership event. it's a game amazon has played to its strength for 15 years now. on its way to over 150 million prime members worldwide who executives say have spent and bought more during the pandemic. target's shipt has a holiday promotion, half off its $99 a year membership. they have seen over 200% growth for three consecutive quarters analysts estimate it's on pace to drive $1 billion in sales this year. >>> and walmart is offering a 15-day free trial of walmart plus which launched this fall as the pandemic has boosted digital sales. walmart plus is also priced about 20 bucks less than amazon. now, it provides free two-day delivery with a minimum $35 purchase, including same day service on grocery scanning app for instore shopping and 5 cents off per gallon on gas. meantime, prime includes free two-day including pharmacy now and same day delivery. a minimum $35 purc

bertha coombs is live in pa ram miss, new jersey which some might call the mall capital of america. quiet, but they are opening early here at the westfield garden state plaza and we did find a line, not huge, about a couple dozen people in line for the entrance near the game stop store a lot of them have been there since before midnight last night. what could get them to come out so early ps 5 if not for that, they said that they would not be here they haven't been able to get it 00 line oi online, so they are hoping to get it in person but for most of us, we are not planning to shop in person according to deloitte, last year you saw 60% wanting to be in-store and more than half, some combination of in-store and online this year it has flipped the majority say we're shopping online as opposed to in-person although they do plan to try to get to the mall and the store if not today sometime this weekend. >> if we look at saturday and sunday, there seems to be a preference for in-store versus online on those days other two days, we're finding folks want to be online. >> yeah, generally

bertha coombs joins me now with more bertha >> that's right. kelly. off the table and for investors a divided congress reduces the risk of a major health care policy upheaval be it the democrats' public option plan or the potential for major legislation and drug pricing which has failed to materialize despite bipartisan support in congress drug-makers among the biggest gainers today with the fda saying that it has enough data to support biogen and lily's alzheimer's drug but we're also seeing double-digit gains for health insurers today, the strongest performer since march and cigna up 25% this week ahead of its earnings tomorrow and ben isker says regardless of who wins the white house a divided congress now effectively means that most regulatory changes will be incremental rather than wholesale which is a relief at a time when the health care industry is in the thick of the pandemic hospitals today not getting as much of a lift they will still face pricing pressures as more people lose employer coverage due town employment, and potentially switch to

more in a minute as you look as those names on your screen first bertha coombs as details from the nrfis forecasting spending of $450 billion and sales growth of 3.6 to 5.2% this holiday season some of those sales have already been pushed forward with four out of ten consumers saying they started holiday shopping early as retailers have spread out black friday deals in response to the pandemic. seasonal hiring has also been pulled forward, retailers expecting to add between 475 and 575,000 jobs this season the retail group expects a strong finish to the holidays, driven by less spending on travel, record savings after this year's stimulus and optimism over vaccine developments at the high end of the estimates, that would represent the strongest year-over-year growth since the big tax cut in 2017, in strong contrast to the declines we saw during the 2008 great recession. and macy's pushing for an efficiency easy play this time around. >> it's going to be a tough battle for them i think, bertha, thank you. our next guest is feeling upbeat about the holidays and consumer overall. this as

similar reports all across the land bertha coombs tracking the wait tim times. >> at community healthrs in connecticut, some days they've had to close a few sites early pause they don't have enough tests >> 200, 300, 400 people a day coming in to almost every single one of our testing sites >> reporter: the american clinical lab association says the current coronavirus surge could mean some of the laboratories that process tests could reach capacity in the coming days and result in delayed results. it's already happening at the pro health care clinics in new york city, where demand has doubled over the last week >> a week ago i could count on a 24-hour turn around for our pcr testing. now we're seeing that increasing to 36, 48 hours. >> cbs health's field operations chief says demand has gone from 60,000 tests per day nationally to 80,000 this week and so far test turn arounds remain in line but with more people seeking tests before thanksgiving, rite aid is warning customers tush arou -- turn around time could take from three to five days. >> it doesn't help if you have your test on

>>> to the first official votes cast in the company and unofficial polling by a soda company, bertha coombshe top trending stories >> the election version here, so of course we'll start with the votethat everybody watches they are in this dixville notch, new hampshire. the small town opens and closes its polls just after midnight every single presidential election the five votes cast there, joe biden took them all. that is the first candidate to sweep since richard nixon. the other new hampshire town that voted around the same time, millsfield favored president trump, 16 votes to five. meantime one connecticut based soda maker is out with results of its own avery's beverages has been selling campaign inspired drinks to predict the race and this week trump tonic has been outselling the biden berry 56% to 44% now, savoe r its soda sales have predicted every election since they started making them in 2008 and what would election day be without some free stuff? krispy kreme is giving a free glazed doughnut, shake shack is giving poll workers a free sandwich with proof of badge and chili's has a

. >> cnbc bertha coombs watching it all for us this morning. bertha? >> hey, marcus and laura. the futures pointing to a higher open. right now the dow looks like it could open up another 380 points. that's after yesterday's post-election rally when we saw a 370-point gain. even though the dow closed off the sessions of the high, it was pretty bullish. the nasdaq was the real standout. up 430 points or 3.8%. both the s&p 500 and the nasdaq produced their best post-election gains on record. and the reality is that tech stocks were a part of that big boom. investors right now are calculating that we are going to see this presidential race wind up in split government. that's good for tech stocks, they think, because it means that congress would not raise taxes most likely. so a whole new tax plan really kind of fade away and also regulati regulation -- that's likely not to happen in a mixed conference, as well. and health care also likely remain in place in terms of obama care if you don't have a clear blue wave or a clear red wave. so, a little bit of gridlock is something that i

struggling for years this is a time for them to really try to regroup in the midst of this pandemic >> bertha coombs>> nothousands in southern california could have a cold turkey on thanksgiving the utility companiedson is threatening to shut off the power 76,000 customers noon tomorrow until friday afternoon. the areas on high fire alert because of dry gusty wind in the forecast the power outage is designed to lower the risk officials say it hasn't rained in southern california in like two weeks. areas under threat include los angeles, riverside and san bernardino counties. california already scorched by record fires this year that have killed at least 30 people. >>> tens of thousands of inmates pulling off one of the largest fraud schemes in the history of the state of california. listen to this prosecutors say these guys scammed their way to getting pandemic unemployment aid. $140 million paid out already, after 35,000 claims were filed that money sent directly to the inmates or their family and friends. the sacramento county district attorney says the scam could end up costing the state up to $1

bertha coombs has more on that >> that's right, john. notice macy's windows are boarded up now they say they were doing that anyway because of the holiday preparations to prepare the windows. but they admit to cnbc that they are taking extra precautions anticipating that we may see demonstrations surrounding the election macy's and most retailers, actually, refrain from discussing damage totals from last summer during the rioting and looting that followed demonstrations on the death of george floyd but there were more than one billion in insured losses nationally according to insurance property claim services from those demonstrations this week here in new york and across the country, you are seeing a number of cities and businesses that saw damage during the unrest boarding up their store fronts, adding extra securities out of dhaern we could revisit that situation over the next few days in chicago, in fact, officials have been in communications with the city's businesses about election safety plans. in anticipation of demonstrations th

but first, cnbc's bertha coombs outside a target store in new york city. bertha, a quiet day? >> yeah, quiet day, though busier than you would have thought. this is normally the super bowl of shopping days but unlike football, this year black friday a lot less of a contact sport. we did find some lines we saw that a couple dozen gamers were lined up in the wee hours outside of the garden state mall not for bargains, but hoping to score a coveted ps5 console. by the time the store was set to open at 7:00 a.m., well that >> crowded in to try to get the word and the news was not good >> gamestop manager came out a minute ago and said i've got no playstation 5s i've got maybe six xboxes. and people started leaving because they just need information. >> but while they were leaving by midmorning, there were a lot of people coming in, filling up spots in the parking lot, and shoppers were actually driving past the spots for curbside pickup to shop inside in person for bargains the crowds thinner than normal for a black friday, but that was comforting for some. >> i guess i always thi

we do have some breaking news from amazon and better that coocoo bertha coombs ohas that story >> theyre launching a full online pharmacy building on its acquisition of pill pack the new pharmacy is in-network with major insurers and medicare and patients can pay for their prescription co-pays with funds from their health savings accounts just like they were at any pharmacy and they can confer with pharmacists online or over the phone about their prescriptions. prime members get free two day shipping, patients who needs meds right away with k. getit go go to a face pharmacy. and they will have comparisons to if they don't use their pharmacy tj parker the founder of pill pack tells cnbc that the experience is separate and distinct from amazon.com and that data will be stored in compliance with health privacy rules and not used for marketing. although their release says without clear permission so i get guess you could opt into that if you wanted to first czonka for the drug store chains front of store and now direct aim at the back of the store at their pharmacies. >> this is something

. >>> businesses are bracing for potential unrest after election day tomorrow our bertha coombs is watchingt this morning. hi, bertha >> hey, how are you, carl? we are in herald square and this is one of the areas last summer following the death of george floyd that saw a tremendous amount of unrest and some of thatunrest and some of that spilling over into violence an looting, so businesses here have begun boarding up. macy's in fact across the street yesterday started putting up boards on its windows, though officials sit they were doing so normally because of their holiday displays they are preparing that, but they acknowledge they are taking extra precautions if there's potential disruption maky's of course, where some major looting occurred saks fifth avenue similarly put up more modest look boards, but they do acknowledge that they are implementing additional security measures because of the election they are boarding up their windows, and they are also adding additional security personnel. meantime, in washington and across the nation you're seeing a lot of preparations. at the white

malls may look a lot different compared to a normal black friday bertha coombs is live in new jersey with a closer look at whether people are showing up to shop in person at all. >> they are. some people have shown up. we're coming off a record thanksgiving in terms of online sales with so many stores closed >> but today we found some folks lining up for door busters this morning. people are looking for the holy grail. they were lined up outside the mall waiting for gamestop to open a lot of them hoping maybe they can get a ps 5 which has been sold out online. thaur ju they're just as hard to get in person as they are online. >> i got maybe six xboxes. people just started leaving. they just needed information >> and they got the information that they hoped would not be the case but we're seeing a lot of traffic. oliver chen expects to see malls down 30% so we're seeing folks coming in. and people are coming out with bags and the curb side pickup is virtually empty. nobody is utilizing that today they're really looking to shop inside the stores. they're maintaining social distancing t

. >> certainly, to say the least, mike >>> dragging down the retail sector bertha coombs has more on >> despite a sales beat dragged down by higher costs, shares giving back about half of its gains over the last three months digital sales jumped 61%, driven by higher margin, athleta and old navy sales, that was part of the problem, shipping costs associated with digital, aiding to two percentage points of margins. banana republic continues to be a drag, sales plunging 30% tl. gap was upbeat about holiday on the call management also a cautious note about covid spikes muting store traffic overall, that kornacki khaki boom not enough to overset their problems. >> kornacki khaki boom even mentioned on their earnings call thank you very much. josh, you mentioned nordstrom and the boost they got why is the picture so different than a company like gap? >> it's a beautiful knot. >> oh, yeah. wow! >> i think -- yeah i think the sell-off is wrong. i think gap is a buy a number of analysts actually reiterated their buy ratings on it although they did get a downgrade. what's really going on here

. >>> another tech giant making headline, well, it is amazon, bertha coombs has more on the company,jump into an online pharmacy business big one at that. >> something we've all been sort of anticipating for awhile amazon launching a full online pharmacy building on its acquisition of pill pack two years ago, the pharmacy is in that work of major insurers and medicare and patients can pay for prescriptions with funds from health savings account or flexible spendings account and can talk with pharmacists online or over the phone. now, one of the other things, prime members get free two-day shipping patients who need meds right away can get a card and go to a physical pharmacy for that but in addition they get a prime prescription savings comparison, at checkout that shows them scoupes if they don't use insurance like with a high deductible when it comes to personal health data, t.j. parker tells cnbc that the experience inside the pharmacy is separate and distinct from amazon.com and that data will be stored in compliance with health privacy rules and not used for migrating unless you

some say 2020 may have killed black friday forever as shoppers flocked online during the pandemic bertha coombsining us with more and i have to say after covering black friday for more than 20 years at this point, it feels like it will be pretty anticlimactic this black friday. >> yeah, it sort of feels like every other day has been black friday this year and it is because amazon, walmart, target and best buy all started talking about holiday sales in mid october and we're literally buying it according to adobe analytics. in the first three weeks o november, americans have already spent $58 billion online holiday sales, an average of about $2 billion a day. and starting this week, that spending is expected to ramp up 50% to an average of $3 billion a day. though we won't see the door buster crowds due to covid that we've gotten used to over the years, more than half of gen z and millennials say they plan to shop in store friday morning, but that we'll drop a record $10 billion online friday and more than $12 billion cyber monday, the biggest shopping day of the year now and while santa meantime