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Black Friday data shows US shoppers spent $10.8 bln online
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Black Friday data shows US shoppers spent $10.8 bln online
Nov 30, 2024 7:31 AM

Nov 30 (Reuters) - U.S. shoppers used their mobile

phones, laptops, desktops and other devices to make roughly

$10.8 billion in purchases online on Black Friday, an updated

tally from Adobe Analytics showed.

Black Friday, the day after American Thanksgiving, marks the

official start of the holiday shopping season for retailers and

competition has intensified among retailers to win every

penny-pinched shopper seeking discounts.

Increased online shopping potentially favors e-commerce

giants such as Amazon.com ( AMZN ) and Walmart ( WMT ). Walmart ( WMT ),

which operates 4,700 U.S. stores, has invested heavily in

store-to-home deliveries for the holiday season to boost

e-commerce.

U.S. spending online on Black Friday rose 10.2%, said Adobe,

which keeps track of devices that use its software to help power

more than 1 trillion visits  to  U.S. retail sites.

Corey Coscioni, 58, said he looked for bargains online as

well as in stores on Black Friday, seeking "gifts for everyone:

my wife, my daughter, and myself."

Top selling merchandise online included makeup, skincare and

haircare products, as well as bluetooth speakers and espresso

machines, Adobe said on Saturday.

Online sales of toys rose 622% compared to average daily

sales in October, while jewelry sales rose 561% and appliances

spiked 476% compared to October, it added.

Department store chains such as Macy's and Kohl's

as well as big-box retailer Target ( TGT ) could see

muted sales this season, which is shorter with only 26 days

between Thanksgiving and Christmas.

In 2023, U.S. shoppers spent $9.8 billion online on Black

Friday, and in 2022, they spent $9.1 billion, Adobe said.

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