Holiday spending sets new record on Black Friday
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Holiday Spending Sets New Record on Black Friday
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The $7.4 billion marked the biggest sales day ever for Black Friday and trailed only last year’s Cyber Monday’s $7.9 billion for the number 1 spot of all-time in online revenue, according to Adobe’s data. The average order value per consumer, at $168, was up nearly 6% year-over-year and also set a new Black Friday record. Adobe Analytics measures transactions from 80 of the top 100 U.S. online retailers. Read more.
Retail Winners And Losers From Black Friday 2019
It’s still the early days of the final holiday-season retail push, but early results point to who’s going to win big (e-commerce and omni-channel retailers with strong mobile platforms) and lose (physical retailers dependent on in-store traffic) through the rest of December. Read more.
Thanksgiving weekend multichannel shopping up almost 40 percent over last year
From Thanksgiving Day through Cyber Monday, more than 165 million Americans shopped either in stores or online, surpassing the 164 million who had said they would shop in a consumer sentiment survey conducted ahead of the holiday, the National Retail Federation and Prosper Insights & Analytics said today. Read more.
Black Friday Spending Statistics, Trends, and Fun Facts (US & UK)
While the holiday season may begin around Thanksgiving and end on New Year's Eve, one of the best days for deals and busiest shopping days of the season is Black Friday. Sales are so high for Black Friday that the sales day has become a crucial day for stores and the economy in general with 30% of all the annual retail sales occurring in the time from Black Friday through Christmas making it the kick-off day for the busiest and most profitable season for many businesses. Read more.
