Mom-and-Pop Shops Look for Holiday Boost From Small Business Saturday
*By Tracey Cheek*
Big-name chains may dominate Black Friday ー but according to American Express, 80 percent of consumers plan to shop or dine small on Small Business Saturday this year.
According to Walter Frye, Vice President of global brand content and engagement at American Express (AXP), small businesses not only are good for the larger economy, but also healthy for local communities.
"Small businesses are what make our communities unique and vibrant," Frye said. "When small businesses thrive, communities thrive."
"When consumers spend a dollar in their communities and small business, 67 cents of that dollar stays in that community," Frye said.
According to the "2018 Small Business Saturday Consumer Insights Survey" by American Express, 91 percent of consumers think it's more important than ever to support small businesses this holiday season.
For full interview [click here](https://cheddar.com/videos/the-importance-of-small-business-saturday).
Electronic Arts, the video game maker of “Madden NFL,” “The Sims,” and other popular titles, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.
Merriam-Webster has fully revised its popular “Collegiate” dictionary with over 5,000 new words. They include “petrichor,” “dumbphone” and “ghost kitchen.” Also “cold brew,” “rizz,” “dad bod,” “hard pass,” “cancel culture” and more.
YouTube will offer creators a way to rejoin the streaming platform if they were banned for violating COVID-19 and election misinformation policies that are no longer in effect.
Lukas Alpert of MarketWatch explores how networks, brands, and ad buyers absorb the shockwaves when late‑night show hosts are suddenly cut — and brought back.
