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Shoppers spent $10.7 billion during Cyber Monday this year, $100 million less than the $10.8 billion spent in 2020. Adobe Analytics says early holiday shopping and awareness of supply chain issues contributed to the drop.
Like its holiday twin Black Friday, Cyber Monday in the U.S. saw ecommerce sales reverse course for the first time in memory, dropping 1.4%.
The famous Black Friday sales last week saw online shopping dip to $8.9 billion this year, falling short of $9 billion that was spent by online consumers last year, and the ongoing chip shortage is one of the key reasons behind this.
Ecommerce sales on Black Friday dipped slightly to $8.9B from $9B in 2020, reversing years of growth, according to Adobe Digital Insights.
The famous Black Friday sales last week saw online shopping dip to $8.9 billion this year, falling short of $9 billion that was spent by online consumers last year, and the ongoing chip shortage is one of the key reasons behind this. 📲 Black Friday Sales Reportedly Affected by Ongoing Chip Shortage.