Guests: Kathy Grannis, Mike Issac and Shelly Banjo
Halloween is about more than ghouls, ghosts and candy. It’s grown into a huge industry and American consumers are expected to spend $7.4 billion this year to celebrate. KATHY GRANNIS from the National Retail Federation talks to us about where all the money goes and what it all means for the upcoming holiday season. Then, Apple Pay went live last week. We’ll get a review of the cashless system and hear why some retailers aren’t all that thrilled about it from MIKE ISSAC, tech reporter at the New York Times. Finally, Walmart is scaling down the number and size of its stores and moving to e-commerce while Amazon is considering opening retail outlets. SHELLY BANJO of the Wall Street Journal explains the battle between Walmart and Amazon what it says about the way we shop now.