The National Retail Federation calculates that only 133 million people shopped in stores and online over the four day Thanksgiving holiday; that’s down more than 5 percent from last year. Some retail analysts say the proliferation of special shopping days is causing the events to lose their significance and their power to bring in buyers. More on that. And delegates from around the world are meeting in Peru’s capital, Lima, for two weeks of UN negotiations on climate change. The goal? Big cuts in greenhouse gas emissions, to be finalized in Paris next year. Plus, among the definitions of gentrification: when new people move into a working class neighborhood, often with more money at their disposal. This can transform a place for the better … and for the worse. This week, Marketplace’s Wealth & Poverty team is exploring some of the economic forces behind gentrification. We take a look at this long-term project that will continue from this year into next.
Marketplace Morning Report for Monday December 1, 2014
As holiday sales expand, discounts are less important than the ritual of shopping. One winner: Cyber Monday.
Commission is given a big task: Make the region a “fairer place for everyone to live.”
Lowell Gess and his wife spent 20 years in Sierra Leone. Now, he's headed back.
Black Friday slumps, the Ferguson Commission meets, and a retired doctor heads to Sierra Leone.