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Super Saturday, the final Saturday before Christmas, is expected to bring in $26 billion in retail sales this year — $2 billion more than Black Friday — according to retail advisory group Customer Growth Partners.

The big picture: The money flowing in from last-minute shoppers is expected to be a win for retail stores — not just online behemoths like Amazon. Mild winter weather and low gas prices across the country are pulling shoppers out of their homes and to the cash registers, CNBC reports.

  • Cuebiq, a location intelligence firm, said Super Saturday drives “significantly higher in-store visits” than Black Friday.
  • Brick-and-mortar stores like Walmart, Target, Kohl’s, JCPenney, Macy’s and Sears saw approximately 4 million shoppers combined on Super Saturday last year, Adweek writes.
  • A study from the National Retail Federation said 56% of its nearly 7,000 respondents plan to shop on Super Saturday this year, which would translate to about 134 million Americans.

Go deeper: The decline of Black Friday

Go deeper

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Jeremy Corbyn suspended by U.K. Labour Party over anti-Semitism report

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The U.K. Labour Party has suspended its former leader, Jeremy Corbyn, after a watchdog report found that the party failed to properly take action against allegations of anti-Semitism during his time in charge.

Why it matters: It represents a strong break by Keir Starmer, Labour's current leader, from the Corbyn era and one of the party's most persistent scandals.

U.S. economy sees record growth in third quarter

The U.S. economy grew at a 33.1% annualized pace in the third quarter, the Commerce Department said on Thursday.

The state of play: The record growth follows easing of the coronavirus-driven lockdowns that pushed the economy to the worst-ever contraction — but GDP still remains well below its pre-pandemic level.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — Fauci says U.S. may not return to normal until 2022
  2. Politics: Space Force's No. 2 general tests positive for coronavirus
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases
  4. Europe faces "stronger and deadlier" wave France imposes lockdown Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed MLB to investigate Dodgers player who joined celebration after positive COVID test.