Remember when there was Black Friday (on Friday) and Cyber Monday. Now Black Friday ads are popping up in early November or late October. And why not, retails is having a rough time. Getting anyone into the store is helpful. Now the gloves are off between online and brick n mortar. Cyber Monday is no longer and it is a free for all among the biggest in the business. No room for the little guy anymore. With all the competition that is great for consumers, ultimately are the consumers going to arrive?
On a brick and mortar level, the consumer disappeared in 2000 and have not comeback. US Retail sales have collapsed 50% from the 2000 high.
At the same time here is the online sales from 2000-2019 according the the St. Louis Fed:
Are we going back to the days of Sear's Catalog from the 1800's?