U.S. online shopping surged to $44.2 billion over the five-day Thanksgiving-to-Cyber-Monday period, according to new data from Adobe Analytics. Cyber Monday alone brought in $14.25 billion, cementing its place as the biggest online shopping day of the year. Adobe said online spending during Cyber Week rose 7.7% from last year, though the growth rate was …
This year’s Black Friday saw Americans spending more online than standing in line. Online purchases rose 5% over last year, as cautious consumers opted for laptops and phones rather than braving cold weather and long queues. While early online sales signaled growth, traditional in-store shopping felt subdued. At major retailers, only small crowds braved the …
