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U.S. online spending is expected to set a record for Black Friday, according to Adobe Analytics, as steep discounts lured consumers against the backdrop of high inflation, kicking off the year's biggest shopping event on a strong note.
(Adds Black Friday spending figures)
Black Friday online sales are expected to hit a record with total receipts between $9 billion and $9.2 billion.
People spent $5.3 billion in online shopping on Thanksgiving Day in the U.S., up 2.8 per cent from last year.According to Adobe Analytics, mobile devices accounted for 55 per cent of all online shopping, up 8.3 per cent from a year ...
Despite inflation worries nationwide, Black Friday shoppers broke records by spending a record-breaking $9 billion online on the biggest sales day of the year.