
Black Friday online spending sets new U.S. record
A report shows that smartphones were a popular purchase
With many consumers still apprehensive about shopping in person due to the COVID-19 pandemic, spending for online shopping during Black Friday hit a new record.
An estimated $9 billion was spent online the day after Thanksgiving, according to a report from Adobe Analytics. That figure represents a 22 percent increase from the previous online spending record of $7.4 billion, set in 2019.
Adobe researchers said Friday’s online sales total takes the title of second-largest...