Online Black Friday sales set a new record | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Cyber Monday is now projected to be the biggest online shopping day of the year and of all time. Online Black Friday sales in the US also topped a record-breaking $9.12 billion this year. And it's not just because prices are up from inflation.

Adobe, which tracks sales on retailer websites, said that this year’s Black Friday online sales were 2.3% higher compared to last year, with electronics, smart home equipment, toys and exercise equipment providing the biggest boost. Some of that growth reflects higher prices and not higher volume, since the firm’s figures aren’t adjusted for inflation. But Adobe said sales would have been higher even if inflation were factored in.

55 billion across Saturday and Sunday, and that Monday will be the “biggest online shopping day again” — growing more than 5% from last year, to $11.2 billion. Adobe previously reported that US shoppers spent a record $5.29 billion on Thanksgiving Day, up 2.9% from a year ago. The holiday shopping season looks very different now than it once did. Instead of doorbuster deals on Black Friday, many retailers began their holiday sales in early fall.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The government is trying to get by by making things look better than they are.

And the increase in sales was less than the 5% increase in wages. No wonder there are more sales. People are buying less.

The government of the Islamic Republic of Iran is executing protestors in Iran without holding a trial or informing them. Today, 7 protestors executed Zahadani. This is against humanitarian policies. UnFactFinder zahedan MahsaAmini

Naser_Omerzahi and Anoushirvan_Omerzahi have been transferred to the quarantine of Zahedan prison for execution since yesterday and they are still there. And they are going to be executed in a few hours. Let's be under their voice. SaveNaserAndAnoshirwan

we’re in a terrible situation in Iran. we’re all in danger. please be our voice. help us mahsa_amini مهسا_امینی

Put it all on the credit cards. What could go wrong? 🤣

Many people of Balochistan are not literate due to discrimination and deprivation, and the Islamic Republic exploits this issue to make a case and call them terrorists. Every day many innocent people are executed in Balochistan and this is a genocide! UnFactFinder MahsaAmini

And here I thought everyone was broke. Ppl complaining about how they're going to pay the rent or gas bills their electric bills etc etc.

I'll wait until Tuesday. I hate cyber crowds.

I guess now that the election is over CNN can talk about how the economy is doing well and people are spending.

In November, at least 15 Baloch people have been executed in Iran. The average is one person per day! Not a single of these executions has been covered by Persian-language media abroad. But we are their voice UnFactFinder MahsaAmini '

Yes, inflation is literally the reason for broken records. All the more reason people are bargain hunting.

Nobody is shopping. We are broke. Thanks to Joe Biden and his horrendous administration. We’re sick of it.

Did you make any bl. friday shopping

Thank you, President Joe Biden

Since the beginning of 2022 at least 136 Baluch have been executed. Over the past 15 days, at least 15 Baluch people have been executed. This is about 1 person per day! Meanwhile Persian news agencies have not even covered it for a second per day! UnFactFinder MahsaAmini '

Back in my day Cyber Monday meant something completely different on AOL ✅

Naser Omerzahi and Anoushirvan Omerzohi have been transferred to Zahedan prison for execution since yesterday and they are still there. And they are going to be executed in a few hours. Let's be under their voice with the hashtag. SaveNaserAndAnoshirwan '

South Africa South Africa Latest News, South Africa South Africa Headlines