Black Friday online sales reached a new record high and thanksgiving store traffic dropped 95%

I have talked about it for years, and the trend continues. One thing is Covid-19, but another one is online shopping. People around the world are shopping more online and the trend continues to increase.

Just take a look at Black Friday 2020 that totaled $9 billion on U.S retail sites, according to Adobe Analytics. That`s a 22 percent increase from last year. On the other side; U.S store visits dropped by 52 percent in the same period.

The distinctions between Black Friday and Cyber Monday have become increasingly blurred, and I look forward to seeing the numbers from Cyber Monday. Not only that. Take a look at the Thanksgiving store traffic. It dropped 95 percent. Wow.

67 percent of sales were made on mobile, compared to 33 percent of sales made on a desktop. Top-selling cities included New York, London, and Los Angeles. Top-selling countries include the United States, the United Kingdom, and Canada.

Black Friday online sales reached a new record high as pandemic-wary Americans filled virtual carts instead of real ones. Traffic to physical stores plummeted, but Black Friday is still one of the biggest in-person shopping days in the U.S this year.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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