Artwork
iconShare
 
Manage episode 519805624 series 5385
Content provided by Australian Broadcasting Corporation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Do you have your eye on a new toaster, a TV, a lap-top, a vacuum... or an outfit for the office Christmas party?

Maybe you've already clicked "add to cart" a few times over the last couple of weeks?

It's sales season ... Black Friday takes place on the last Friday of every November... this year it's the 28th.... but who are we kidding: It's no longer just a day. It's more like a month-long retail extravaganza.

This year, Australians are expected to spend $6.8 billion over the Black Friday-Cyber Monday period.

And the nation's consumer watchdog says it's conducting a sweep of retailers' claims. Already the ACCC has fined three major retailers for making false and misleading representations about last year's Black Friday sales.

So, how did Black Friday evolve from a US phenomenon... to our biggest sales event?

And what impact is this having on our year-round spending?

  continue reading

2694 episodes