Where's Retail at Heading into Christmas?

1 year ago
45

While Black Friday Sales are all the hype what kind of Christmas are retailers facing heading into given shoppers have been hit with interest rate hikes and inflation?

Also on the show:

Open AI has had a shake up recently and it has implications for the tech world.

And the European Central Bank report on how European banks are storing customer details. It highlights questions around how safe is your personal and banking information?

Show notes:

Retailers and consumers face “penny pinching” Christmas as interest rates bite: https://www.news.com.au/finance/economy/retailers-and-consumers-face-penny-pinching-christmas-as-interest-rates-bite/news-story/4e2dcbacc8d89bed98f1f346571f308e

The Sam Altman drama points to a deeper split in the tech world: https://finance.yahoo.com/news/sam-altman-drama-points-deeper-182335648.html

European Central Bank reports banks are going to cloud based computing and servers as opposed to their own servers:
https://www.reuters.com/markets/europe/euro-zone-banks-lose-millions-euros-poor-it-outsourcing-2023-11-15/

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