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The company said the period of Nov. 17 to Cyber Monday marked its “biggest ever” holiday shopping event compared to the same 11-day stretch last year.

The company said the period of Nov. 17 to Cyber Monday marked its "biggest ever" holiday shopping event compared to the same 11-day stretch last year.

The published version of Forbes CFO newsletter delivers the latest news for chief financial officers and other budget-focused leaders to inboxes every Tuesday.

The company said the period of Nov. 17 to Cyber Monday marked its “biggest ever” holiday shopping event compared to the same 11-day stretch last year.

Despite the economic headwinds facing most shoppers, major discounts are likely to push Cyber Monday sales to a record high of $12.4 billion in 2023.

Deep discounts on everything from beauty products and toys to electronics have enticed shoppers in the U.S. to open up their wallets for Christmas purchases and ring in a record $12.4 billion in Cyber...

Discounts on everything from beauty products and toys to electronics during the Thanksgiving weekend enticed US shoppers to splurge about $38 billion online.

Over 200 million consumers shopped online or in stores over the five-day holiday weekend, the National Retail Federation reported today.

US shoppers to splurge on Christmas purchases to ring in a record $12.4 billion (€11.3 billion) in Cyber Monday sales online, data showed.

Stocks from various e-commerce platforms such as Shopify, Wayfair, and Amazon experienced an increase after the successful Black Friday sale.