Here are the results for online Black Friday sales this year in the U.S.
While in-store holiday shopping numbers aren’t available yet for Black Friday, online sales set a new record. In a good sign for retailers, shoppers spent a record $9.1 billion dollars online on Black Friday, according to Adobe Analytics.
48 percent, or nearly half, of online sales were made over smartphones, which is up 44 percent over last year.
Economists are closely watching holiday shopping this holiday season to measure the impact of inflation which leads to higher prices and more frugal spending.
The positive numbers for Black Friday are a good sign for Cyber Monday, which is typically considered to be online shopping’s biggest day of the year.