Robert Besser
28 Nov 2022, 05:30 GMT+10
NEW YORK CITY, New York: Just-released sales results show U.S. consumers spent a record $9.12 billion in online purchases during this Black Friday sales holiday.
Observers note that consumers were clearly lured to online purchases by steep discounts on many ranges of products.
Online consumer spending increased 2.3 percent on Black Friday, according to Adobe Inc's data and insights arm Adobe Analytics.
Adobe attributed this increase to consumers waiting to make purchases on Black Friday, even though sales began as early as October.
Adobe had earlier forecast Black Friday sales to rise only 1 percent.
Industry observers had anticipated that in-store shopping would be heavy on Black Friday after consumers had been locked down for the past two Thanksgiving holidays.
However, Black Friday morning saw fewer in-store shoppers than usual, with rain throughout the United States possibly contributing to the slowdown.
Of note, Americans set a new record for purchases using smartphones on Black Friday.
Data from Adobe reported that 48 percent of all digital shopping on Black Friday was attributed to purchases using smartphones.
Get a daily dose of North Carolina Daily news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to North Carolina Daily.
More InformationORLANDO, Florida: Union members have voted down a contract proposal covering 45,000 service workers at the Disney World theme park ...
WASHINGTON D.C.: Despite the efforts of the Federal Reserve Bank to cool the job market to help curb record-high inflation, ...
NEW YORK, New York - A sharp rise in U.S. Treasury yields kept buyers at bay on Wall Street on ...
WASHINGTON D.C.: A report released this week detailed how, in January, layoffs in the US reached a more than two-year ...
IRVINE, California: In an effort to cut costs in preparation for an industry-wide price war, electric vehicle manufacturer Rivian Automotive, ...
SANTA CLARA, California: One week after Intel forecasted lower-than-expected sales caused by a loss of market share to rivals and ...
WASHINGTON D.C.: Despite the efforts of the Federal Reserve Bank to cool the job market to help curb record-high inflation, ...
DALLAS, Texas: The Dallas Police have announced that two emperor tamarin monkeys that disappeared earlier this week from the Dallas ...
WASHINGTON D.C.: In a sign of future political battles over record numbers of illegal crossings under Democratic President Joe Biden, ...
WASHINGTON D.C.: A report released this week detailed how, in January, layoffs in the US reached a more than two-year ...
MOSCOW, Russia: Russian state-run TASS news agency has reported that a US woman was detained and fined by a Russian ...
TOKYO, Japan: Japan is preparing to revise legislation to allow it to restrict the export of advanced semiconductor manufacturing equipment ...