Americans spent a record $222 billion shopping online this holiday season
CNN
Americans ramped up their online shopping this past holiday season, splurging on a record-setting $222 billion worth of electronics, toys and other items.
Americans ramped up their online shopping this past holiday season, splurging on a record-setting $222 billion worth of electronics, toys and other items. The spending haul between November 1 and December 31 marks a 4.9% increase from the previous holiday shopping season, according to an Adobe Analytics report released Thursday. Shoppers were enticed by deep discounts as well as Buy Now, Pay Later options, according to Adobe. The findings add to the evidence that Americans are still spending aggressively — despite telling pollsters they don’t like this economy. Adobe previously reported that shoppers spent a record $12.4 billion online shopping on Cyber Monday alone. To lure consumers, retailers did rely on promotions.
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