Under siege. But front line er doctors still manage to send a message of hope plus, weve got a live one shark tanks mr. Wonderful kevin oleary in the news tank, talking Small Business survival. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. The United States just topped more than 13 million covid cases, according to johns hopkins. Los angeles has just issued a new stayathome order it starts on monday. A full report coming and all of this as the virus has disrupted another american tradition. Black friday, normally one of the busiest shopping days of the year not in covids 2020 in many parts of our nation, thinner lines at stores. Smaller crowds at malls. Many people opting to shop from home instead its a trend accelerated by covid. Shoppers projected to spend as much as 10. 6 billion today. Thats according to the data firm Adobe Analytics and thanksgiving day spending rose by more than 21 compared to the same day last year. Total sp
Remarks from a 2019 shopper. Unemployment is down. More people are working and spending. Reporter this years spending. We were not allowed inside. For shoppers, in addition to looking for gifts, they are looking out. Decides looking for what youre looking for, yet to make sure you were not too close to somebody else. To it is different. You have to stand in lines and do all of this funky stuff. The funky stuff is wearing a mask, social distancing, and waiting outside of the store if it gets too crowded. There were no large crowds at bay street in emeryville, indicative of many shoppings lots in the east bay. Despite small crowds, the Holiday Shopping analysis by e marketer. Com, expects u. S. Retail sales to rise a most 1 above 2019. Theres a 4. 7 decrease in brickandmortar sales, but a 36 jump in Online Shopping. One worker sun valley mall describes foot traffic as steady. They added, do not come seeking santa claus, because he will not be here due to the pandemic. Some shoppers opted
Shut down. Now at 11 and streaming on cbsn bay area, a live look at San Francisco where in just 24 hours, the city will shut down for weeks. Good evening. San francisco county joined santa clara, and contra costa counties, as the first to shut down followed by alameda on monday and marin on tuesday. It comes as california sees more than 25,000 new cases reported today, pushing the states total to more than 1. 3 million. Nearly 10,000 patients are being treated and hospitals right now. Almost a quarter of those are in intensive care. That he was in San Francisco where businesses are bracing for the next round of shutdowns and restrictions hitting in less than 24 hours. Reporter restaurants, for example, have to shut down Outdoor Dining and they can only rely on takeout and delivery services. Many businesses say that they were just getting by so this next shutdown will be especially tough for them. It was a full house at in the financial district on its last night of Dinner Service come
How to get through this. Its been an extraordinary outcome. One i could have never perceived could happen in march when we were scrambling for ppp loans, the majority of my companies were cash flow negative we shut down retail, until we went through this extraordinary transformation we would have never shut down our headquarters we would have never assumed that we could make a pivot and start selling direct to our customers instead of through retail. Thats exactly what happened and when you sell something direct to a customer, you make almost 100 cents on the dollar versus 0. 50 when you sell through retail thats the reason that theres a massive digital pivot going on, and theres major cost savings also occurring i could have never foreseen this, 15 of my staff including the areas of accounting, logistics and compliance never want to come back to the office. Wow. Theyre raising kids at home in the suburbs, taking care of elderly parents. Another major savings. This is happening to ever
Using Curbside Pickup here in the bay area some stores did not see the large crowds that were anticipated, but that depends on where you did your shopping today kron fours gayle ong talked to shoppers in walnut creek. She joins us now live with more gayle. Vicki and can i actually spoke to a manager at lululemon where the wait time was about 45 minutes and part of the reason was because they were following Covid Protocols and up staying under the Maximum Capacity to avoid those lines Health Experts are encouraging people to stay home and shop online get your deals that way at least one person i spoke to got that message. Looking at the lines and thinking were glad that will be done most of our shopping online on black friday lines out the door at Broadway Plaza in walnut creek still stores doing their best to make sure everyone stay safe in the age of covid19 theyre doing a very good job with the social distancing a lot of people Wearing Masks out here a different story in the morning