Shoppers buying spree was spurred by deep discount by major retail and Online stores resulting in sales never seen in the United States for a long time.
According to Adobe Analytics, the U.S. retailers raked in a record $7.9 billion in online sales on Black Friday and Thanksgiving. This amounted to about 17.9 percent year over year.
Adobe also stated that Cyber Monday is expected to drive $6.6 billion in internet sales, which would make it the largest U.S. online shopping day in history.
TVs, laptops, toys, and gaming consoles were among some of the most heavily discounted and the biggest sellers, according to retail analysts and consultants.
Yvad Billings, Readers Bureau, Fellow
Edited by Jesus Chan
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