Shoppers spend billions on Black Friday to snag holiday deals, despite wider economic uncertainty
Briefly

Shoppers spend billions on Black Friday to snag holiday deals, despite wider economic uncertainty
"Adobe Analytics, which tracks e-commerce, said U.S. consumers spent a record $11.8 billion online Friday, marking a 9.1% jump from last year. Traffic particularly piled up between the hours of 10 a.m. and 2 p.m. local time nationwide, when $12.5 million passed through online shopping carts every minute. Consumers also spent a record $6.4 billion online on Thanksgiving Day, per Adobe."
"Meanwhile, software company Salesforce estimated that Black Friday online sales totaled $18 billion in the U.S. and $79 billion globally. And e-commerce platform Shopify said its merchants raked in a record $6.2 billion in sales worldwide on Black Friday. At its peak, sales reached $5.1 million per minute - with top categories including cosmetics and clothing, according to the Canadian company."
U.S. online Black Friday spending reached record levels, with Adobe Analytics reporting $11.8 billion on Friday and $6.4 billion on Thanksgiving, a 9.1% increase from last year. Online traffic concentrated between 10 a.m. and 2 p.m., with $12.5 million passing through carts per minute at peak. Salesforce estimated $18 billion in U.S. online Black Friday sales and $79 billion globally. Shopify merchants recorded $6.2 billion worldwide, peaking at $5.1 million per minute, led by cosmetics and clothing. Top categories included video game consoles, electronics, and home appliances. RetailNext reported a 3.6% decline in physical-store Black Friday traffic.
Read at MyNorthwest.com
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