This week, I discuss the results of this holiday season's designated shopping days including Black Friday, Small Business Saturday and Cyber Monday. Online sales during the Thanksgiving holiday rose 26 percent year-over-year, to $12.3 billion, while foot traffic to retail locations fell slightly, indicating that consumers increasingly prefer online shopping.
Senior writer Christine Lagorio-Chafkin explores the evolution of Carhartt, a clothing brand originally designed for railway workers before gaining popularity with rappers, skaters and even drug dealers. Other fans of the brand include former President Barack Obama and Rihanna.
Lastly, we continue our In the Family series on family businesses and speak with Jesse LaFlamme, the CEO of Pete and Gerry's Organic Eggs. LaFlamme took over the third-generation egg farm just as he graduated college and saved it from demise by pushing toward organic products.
If you'd like some weekend reading, check out our like buttons: What Patagonia is doing with $10 million the company took in as a result of President Trump's tax cuts, how the latest flavor of Sierra Nevada, called Resilience, will help the victims of the Northern California Camp Fire, and the latest technique in hiring: automated phone interviews in which job applicants record their answers to questions.