By Staff Reporters
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Online shoppers didn’t let concerns about higher prices or a recession keep them from a record-setting this Black Friday.
Consumers spent a record $9.12 billion while online shopping Friday, according to Adobe Analytics, which tracks more than 85% of the top 100 U.S. online retailers. That’s an increase of 2.3% over a year ago – surpassing the previous online Black Friday sales high mark of $9.03 billion in 2020. Nearly half (48%) of online sales were made over smartphones, up from 44% last year, according to the company’s 2022 Holiday Shopping Trends & Insights Report.
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Filed under: "Ask-an-Advisor", Funding Basics, Investing, LifeStyle | Tagged: black Friday, Greenish on Black-Friday |
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