From Thanksgiving Day through Cyber Monday, more than 174 million Americans shopped in stores and online during the holiday weekend, beating the 164 million estimated shoppers from an earlier survey by the National Retail Federation and Prosper Insights and Analytics. More than 58 million people only shopped online during the long weekend, compared to 51 million who only shopped in stores.
The NRF reported spending per person over the five-day period was $335.47, with $250.78 - 75% - specifically going toward gifts.
He said 91 percent of consumers still have shopping to do over the next month, and 90 percent of them expect promotions and discounts to be similar to those offered by retailers over Thanksgiving weekend. A growing percentage of those sales were made on smartphones, with over $2 billion in online sales made with smartphones on Cyber Monday, according to Adobe.
The National Retail Federation did not produce data estimating the total amount spent by USA consumers online and in stores.
In its report, Adobe reported that the holiday season to date (Nov 1 - Nov 27) has brought in $50 billion in online shopping revenue, 16.8% growth year over year. The average order value (AOV) of a Cyber Monday purchase was $103, down from $106 in 2016, and $10 less than the AOV of Black Friday purchases.
A wide variety of retailers both online and on the high street have been extending their deals from before Black Friday and to beyond Cyber Monday as the sales period shifts to take advantage of the pre-Christmas rush. The biggest spenders were Millennials 25 to 34 years old, who dished out $419.52. "At the end of the day, a sale is a sale is a sale, whether it happens in-store or online", he said.
Of those who chose to shop at the last minute, 52 percent planned to shop online.
The uptick on online shopping isn't just planning on lasting until today, but online sales are expected to also increase by 13.8 percent this year.
Amazon accounted for half of the sales on Black Friday.
Analysis from other research firms showed traffic to stores falling over the holiday, though the decline was not as steep as some predicted.
The industry trade group has been calling for retail sales - excluding automobiles, gasoline and restaurants - through November and December to increase as much as 4 percent this year, reaching up to $682 billion.
That's why while online sales are cutting into brick-and-mortar retailers' profits, those companies have to go online or face losing market share, said Gerald Storch, chief executive of Storch Advisors.
Top shopping destinations included department stores (43 percent), online retailers (42 percent), electronic stores (32 percent), clothing and accessories stores (31 percent) and discount stores (also 31 percent).
Deepest Discounts on Cyber Monday Cyber Monday offers continued the trend of big savings, with even deeper dollar-off discounts than Black Friday.
BBB also says to watch out for name similarity of charities to avoid mistaken identity and giving to the wrong fund. The first Giving Tuesday was held in 2012, and a year ago , people gave more than $168 million in donations.
The Oscar-winning actress had spilled the beans about dating the 48-year-old director in her September Vogue cover issue. I want to be, like, milking goats, ' the star explained when asked what she has in store for the future.
Rose has reportedly been uncommunicative with people around the organization over the past several days. He was placed in a walking boot last week when the ankle wasn't deemed to be healing sufficiently.
The camera swirls around an East Wing that looks more like the ground floor at Macy's than America's home, as the third Mrs. President Donald Trump's third wife has decorated the White House for the holidays, The Hill reported Monday morning.
Talib has since come forth to explain his side of the story, saying all he did is come out " to play football on Sunday ". On Monday, Talib was asked about the brouhaha, and he placed the blame directly on Crabtree's shoulders.
Sometimes to play with too many attacking players doesn't mean you are offensive. "So I don't know what you want". Pogba also played 70 minutes against Newcastle United last weekend and 66 minutes in Basel four days ago.
Musharraf said he likes them as these terrorist organisations and their chief aim at targeting the Indian Army in Kashmir. The US had asked Pakistan to rearrest Saeed, who has been designated a terrorist by the US Justice Department.
AAA found self-serve, regular gasoline selling for as low as $2.43 per gallon and as high as $2.70 in Rhode Island. The national average has gone up 37.6 cents since a year ago and is also up 3.5 cents since last month.
She will also appear at two panel discussions at the summit on the same day, which is themed on women entrepreneurs . More than 10 countries will be represented by all-women delegation, including Afghanistan, Saudi Arabia, and Israel.
Warriors vs. Kings, Monday night
The Warriors of Golden State will host the Sacramento Kings without their stars Stephen Curry and Kevin Durant on Monday night. The 33-year-old has played in 18 of Golden State's 20 games this seaosn, averaging 6.3 points-per-game.
Grange Congratulates Miss Jamaica Universe Davina Bennett
Meanwhile, Laura Gonzalez of Colombia and Davina Bennett of Jamaica were crowned 1st runner-up and 2nd runner-up, respectively. American comic turned TV host Steve Harvey hosted the event for the third time, making several jokes at his own expense.
Dan Mullen Targeted By Gators
Dan Mullen arrived in Gainesville wearing his national championship ring from 2008, when he was Gators' offensive coordinator. Mullen's hiring Sunday ended a four-week process to replace Jim McElwain that left Gator Nation drained of energy.
Halftime Report: Buccaneers vs. Falcons
He entered the game needing 107 receiving yards to break the league record for the most in the first 90 games of a career. The Buccaneers defense is going to have nightmares about Jones until they face the Falcons again on December 18.