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November 29, 2024

BREAKING NEWS

Consumers Spend Record $6.1B Online on Thanksgiving

by Joe Keenan

Consumers spent a record $6.1 billion online on Thanksgiving, up  8.8 percent year-over-year (YoY). Growth outpaced last year (Thanksgiving 2023: $5.6 billion, up 5.5% YoY), driven by big discounts across the board. Mobile shopping hit an all-time high on Thanksgiving, with 59.5 percent of online sales coming through a mobile device. This represents $3.6 billion in online spend via mobile, up…

Shoppers Head to Stores for Potential Record Black Friday

by Joe Keenan

Discount hunters searching for Black Friday deals have officially kicked off the holiday shopping season. Consumers are forecasted to break spending records in 2024, with the average person expected to spend a little over $1,000, up 14 percent from last year, according to data from RetailMeNot. At the Mall of America, the nation’s largest retail…

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