CBS Evening News - 1999-11-27
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Read a transcript preview of “CBS Evening News - 1999-11-27” from malgent, uploaded on 2025-10-13.
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Language: English (YouTube automatic captions)
[0:02] We've just made it easier to separate
[0:04] yourself from the crowd. Dodge Caravan.
[0:08] Different. Shirley Hancock. Only on Coin
[0:11] 6 News. People you know.
[0:14] >> It's spending spree. It's beginning to
[0:16] look a lot like Christmas at malls
[0:18] across the land. Inside the toy wars,
[0:20] the retailing battle that is anything
[0:22] but child's play. Stop and go. Will the
[0:25] Arco merger deal ever get in gear? And
[0:28] no Thanksgiving at the cranberry bogs
[0:31] being gobbled up by developers.
[0:37] >> This is the CBS Evening News with Russ
[0:40] Mitchell. And good evening on this
[0:43] Western edition. It is a merry first
[0:45] weekend of Christmas shopping for the
[0:46] nation's retailers. The first numbers
[0:48] are in and show consumers are dashing
[0:50] through the stores and the internet in
[0:52] route to what could be a record season.
[0:54] While shoppers in the West are spending
[0:56] slightly less than the rest of the
[0:57] country, the cash is flowing. We have
[0:59] two reports for you tonight. The first
[1:01] from Jeffrey Kaufman.
[1:04] >> And they're off. The Christmas season is
[1:07] just 2 days old and already sales are 6%
[1:09] ahead of last year. But there's a lot
[1:12] more at stake than getting the right
[1:13] teddy for Tommy and new mittens for mom.
[1:16] >> There's absolutely no question. It's a
[1:17] fight for spiral. A fight between
[1:20] traditional retailers and those
[1:21] upstarts, the retailers, as in internet.
[1:24] Even the president admits he'll let his
[1:26] fingers do the shopping.
[1:28] >> About 4 million American families will
[1:30] buy some of their gifts online for the
[1:32] first time this holiday season. I intend
[1:34] to join them.
[1:35] >> No matter how you l