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Consumers Spend Record $6.4B Online on Thanksgiving

consumers spend-record $6.4b-online on-thanksgiving
Retail

Consumers Spend Record $6.4B Online on Thanksgiving

Consumers spent a record $6.4 billion online on Thanksgiving, up 5.3 percent year-over-year (YoY) as shoppers took advantage of Cyber Week deals that came in stronger than expected. The spend is above Adobe’s initial forecast of $6.37 billion for the day (up 4.9 percent YoY). Online sales peaked between 10 a.m. and 2 p.m. Mobile shopping hit an all-time high on Thanksgiving, […]