Having trouble sorting through the endless barrage of news and content online every day? You aren’t alone. Every week, we publish a curated list of some of our favorite articles for small businesses. Tune in every Wednesday to read the latest SMB news, thought leadership pieces from our favorite bloggers, #smallbiztips, and much more.
Counting Down the News this week: Sales numbers from Black Friday weekend, vaccine prospects boosting consumer spending, ecommerce winners during the pandemic, and more.
The Washington Post: More than half of emergency small-business funds went to larger businesses, according to a new report from WaPo.
USA Today: Black Friday in-store shopping dropped 52.1% as COVID-19 spikes across the country, but online sales broke records.
Forbes: Here’s a full breakdown of sales numbers on Black Friday weekend during this less-than-conventional year.
The Hill: Thanksgiving Day spending rose 22% this year, as “more shoppers hit doorbuster deals virtually rather than lining outside storefronts.”
Small Business Trends: According to a recent poll, “48% of small businesses fear they won’t make enough money during the rest of Q4 to stay afloat.”
NBC News: Those small businesses who did survive COVID-19 and pivoted to e-commerce ended up seeing record sales during Black Friday weekend.
Entrepreneur: Here are 6 giant companies that nearly flopped entirely. Remember: disruption and innovation takes time!
Forbes: Another ecommerce winner during pandemic times? Alcohol. Online sales of alcoholic beverages have surged, with ecommerce penetration experiencing 10 years of growth in just three months’ time (March — May).
USA Today: News of viable COVID-19 vaccine prospects is already boosting consumer spending, with many feeling more at ease as they see a light at the end of the tunnel.
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Did we miss a great article this week? Let us know in the comments below!
About Lauren Detweiler
I am equal parts marketer, traveler, and writer, and I've been doing all three for as long as I can remember. I have spent most of my time since graduating university traveling and working remotely in Africa and Europe. My passion lies in conveying the right messaging to the right people, and being a part of the CountingWorks and TaxBuzz team means I get to do that not only for our company, but for clients across the country as well.
