Black Friday Retail Data Doesn't Matter. Here's Why

Dec. 2 (Bloomberg) -- The first spending decline on a Black Friday weekend since 2009 reinforced projections for a lackluster holiday, increasing chances retailers will extend the deep discounts already hurting their profit margins. Michael McKee reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (03/22)
32:21 - Bloomberg Daybreak: Americas hosted by Jonathan Ferro and Alix Steel. Guests include John Hourican, chief executive officer at Bank of Cyprus, Rep. Tom McClintock, a member of the House Budget Committee and a Republican from California, Raj Agrawal, global co-head of infrastructure at KKR & Co. LP, Christian Ulbrich, chief executive officer at JLL, and Tina Fordham, chief global political analyst at Citi Research. (Source: Bloomberg)
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