Record Online Sales Highlight AI-Driven Black Friday Shopping Surge
TL;DR Summary
Despite early holiday discounts, US consumers shopped more on Black Friday, with a 3.4% increase in sales year-over-year, driven largely by a 14.6% rise in online shopping. Mastercard reported that while in-store sales grew less than 1%, online spending reached $10.8 billion. Popular purchases included apparel, electronics, and jewelry. Adobe Analytics predicts Cyber Monday will surpass Black Friday sales, estimating $13.2 billion in spending. However, concerns about overconsumption and environmental impact were highlighted by experts.
- Shoppers continue indulging in Black Friday sales, but mostly online CNN
- With Discounts on Offer, Shoppers Began to Bite The New York Times
- How AI Fueled Black Friday Shopping This Year Barron's
- Shoppers spent a record $10.8 billion online on Black Friday. Up next? Cyber Monday USA TODAY
- Black Friday Sales Accelerate With Online a Bright Spot Bloomberg
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