US online holiday sales rise nearly 9% on mobile shopping boom, report shows
U.S. online spending rose nearly 9% during the 2024 holiday season, with shoppers increasingly buying products such as TVs and LEGO sets on their smartphones, data from Adobe Analytics showed on Tuesday.
Holiday Online Sales Hit a Record $241 Billion in US, Adobe Says
US e-commerce spending rose 9% to a record $241 billion over the holiday period, sparked by widespread discounts, according to data from Adobe.
U.S. Consumers Spent $241.4 Billion Online During Holiday 2024, Adobe Reports
Discounting, enhanced apps and chatbots factored into sales gains seen by retailers during the Nov. 1 to Dec. 31 period.
M&S reports 8.9% rise in food sales over Christmas
Britain's Marks & Spencer reported a better-than-expected 8.9% rise in like-for-like food sales and a 1.9% rise in clothing, home and beauty in the Christmas trading period, making it one of the best performers on the high street.
Holiday Shoppers Spent a Record $1.2T Online, 36% Took on Debt
Shoppers are spending more on the holidays than ever, but – at least in the US – they're taking on debt as well. The post Holiday Shoppers Spent a Record $1.2T Online, 36% Took on Debt appeared first on Tech.
Online holiday sales jump nearly 9% as retailers lure bargain-hungry customers
US online spending rose nearly 9% during the 2024 holiday season, with shoppers increasingly buying products such as TVs and LEGO sets on their smartphones, data from Adobe Analytics showed on Tuesday.
Online holiday shopping soars to record high amid rise of AI shopping assistants, Adobe data shows
Online holiday shopping soared to a fresh record high in 2024, driven by an array of e-commerce discounts and adoption of AI-fueled shopping assistants, according to data released on Tuesday by Adobe.
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