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Online Shopping set a Black Friday Record as shoppers stayed home

 

By Sapna Maheshwari

November 30, 2020
New York Times

This year’s ​Black Friday​ looked nothing like a usual one. Crowds at suburban malls and city shopping districts were comparatively sparse. With the coronavirus touching virtually every corner of the United States, social distancing, restrictions on business activity and ​health concerns​ kept many people home.

They shopped online, however.

According to ​Adobe Analytics​, which scans 80 percent of online transactions across the top 100 U.S. web retailers, consumers spent $9 billion on Friday. That’s a 21.6 percent increase over Black Friday in 2019 and the second-biggest number for online retailers Adobe has ever tracked.

Another research firm, Facteus, which monitors millions of debit and credit card payments made in the United States, found that department stores’ in-person sales fell 17 percent on Friday, but that their online sales rose 79 percent. The firm found a similar pattern for electronics retailers.

 

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December 1, 2020








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