BELOW SUPERNAV drop zone ⇩

Shoppers hit record online sales this Black Friday

  • Shoppers flocked malls and online retailers looking for Black Friday deals
  • Shoppers hit a record $9.8 billion in online sales this weekend
  • Mobile purchases accounted for 54% of online sales

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

(NewsNation) — Shoppers across the U.S. whipped out cash and credit cards this Black Friday, looking for deals on clothes, shoes and electronics.

While shopper traffic in retail stores was up from last year, online shopping reached new heights. Americans hit a record $9.8 billion in online sales, up 7.5% from last year, according to a report from Adobe.

Within online sales, mobile purchases were a big hit. Phone purchases accounted for 54% of online sales, surpassing desktop shopping.

“There’s nothing more comfortable than waking up, staying in your bed, and making some purchases for the holidays. In fact, this year is the first year in the U.S. that we’re expecting mobile revenue to overlap the amount of money that consumers are spending on desktop. And so it’s a pretty momentous occasion here in the U.S.,” said Eric Matisoff, analytics and data science expert for Adobe.


Best Prime Day Deals for 2024:

Products still on sale after Prime Big Deal Days

Beats headphones and tablets remain marked down

Make sure you’re stocked with Apple products

BestReviews is reader-supported and may earn an affiliate commission.


But shoppers hunting for cheap deals at Target might not have gotten the savings they thought they were. In a viral video, a TikToker exposed the retail giant for misleading sales, revealing sale signs with the same price underneath the signs for the store’s Black Friday deal.

In a statement to NewsNation, a Target spokesperson said in both instances the would-be buyer would have saved between $20 to $80, depending on the TV, and the original sale price was part of the store’s early Black Friday sales.

“We know our guests are looking for flexibility when they shop holiday deals, which is why we began Black Friday deals in late October and will continue offering great discounts throughout the holiday season,” the spokesperson said. “We also offer a Price Match Guarantee, and will match the price of any item purchased by a guest that is offered at a lower price later in the season.”

Now, shoppers will turn their attention to Cyber Monday, which Adobe estimates could rake in a record 12 billion in online spending.

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

AUTO TEST CUSTOM HTML 20241202111905

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Mostly Cloudy

la

59°F Mostly Cloudy Feels like 59°
Wind
0 mph SSE
Humidity
74%
Sunrise
Sunset

Tonight

Mostly cloudy skies during the evening. Areas of fog developing after midnight. Low 49F. Winds light and variable.
49°F Mostly cloudy skies during the evening. Areas of fog developing after midnight. Low 49F. Winds light and variable.
Wind
2 mph N
Precip
12%
Sunset
Moon Phase
Waxing Crescent