Connect with us

Headlines

Cyber Monday Sales Flat Against 2020

Estimates places total sales at about $10.8 billion

mm

Published

on

Though online sales were most likely down on Cyber Monday this year thanks to supply chain challenges, data shows that overall U.S. consumer confidence is strong, reports U.S. News and World Report.

“Online sales on big shopping days like Thanksgiving and Black Friday are decreasing for the first time in history, and it is beginning to smooth out the shape of the overall season,” said Taylor Schreiner, Director, Adobe Digital Insights.

Cyber Monday spending was up to $7 billion as of 9 p.m. EDT, according to the Adobe Digital Economy Index. Adobe estimates total spending to be between $10.4 billion and $11.1 billion once all figures are tallied.  That number is virtually equal to last year’s Cyber Monday sales of $10.8 billion.

Advertisement

FEATURED VIDEO

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design

Promoted Headlines

Most Popular