Sunday, November 27, 2016

Black Friday Online Sales Surge To Record $3.34 Billion

E-commerce sales continue to rocket higher as the Black Friday total reached $3.34 billion   The move to mobile was even more rapid as sales reached $1.2 billion, up 33% from last year.

According to Adobe shopping data for:
…..Black Friday and Thanksgiving Day. More than $5 billion ($5.27 billion) was spent online by the end of Black Friday, a 17.7 percent increase year-over-year (YoY). Black Friday set a new record by surpassing the three-billion-dollar mark for the first time at $3.34 billion (21.6 percent growth YoY) while Thanksgiving accounted for the remaining $1.93 billion. Black Friday became the first day in retail history to drive over one billion dollars in mobile revenue at $1.2 billion, a 33 percent growth YoY
This is not what a recession looks like.

(via  24-7 Wall St)

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