Skip to content
TechVibe

TechVibe

  • Home
  • Web3
  • Technology
  • Health
  • Business
  • Sports
    • Cricket
    • Football
  • Press Release
  • Contact Us
  • Toggle search form

Adobe Reports $5.6 Billion in Online Sales for 2023 US Thanksgiving, Driven by Discounts and Shopper Motivation

Posted on November 25, 2023 By Haley Bennett

Thanksgiving in the United States on Thursday marked the commencement of the holiday shopping season, with consumers and online retailers engaging in a digital commerce dance. Despite the anticipation, TechCrunch reported that this year’s Thanksgiving sales convey a message of steadiness rather than an explosive growth surge.

Adobe Analytics, estimates online spending in the US on Thanksgiving reached $5.6 billion, reflecting a modest increase of 5.5% compared to the previous year. Mobile devices stand out with around $3.3 billion spent on Thanksgiving Day, marking a substantial 14% increase and an all-time record. Adobe Analytics projected a total online spend of $37.2 billion over a five-day period, representing a year-on-year growth of 5.4%. Black Friday is predicted to contribute $9.6 billion to the sales tally. The 5.5% growth rate reported this year is an improvement over last year’s less than 4% increase, but pales compared to growth rates before the pandemic. Inflation and consumer spending concerns are a major influence on spending surge.

`Do not reproduce without permission.`

Haley Bennett

I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years. I have a wealth of knowledge to share with my readers, and my goal is to help them navigate the ever-changing world of cryptocurrencies.

Health Tags:Adobe, Adobe Analytics, Thanksgiving, Thanksgiving 2023, Thanksgiving Day, United States, us

Post navigation

Previous Post: “Are Hardik Pandya’s potential transfer from GT to MI poised to create the biggest trade deal in IPL history?”
Next Post: Live score, updates, highlights, lineups, and result of the Premier League match between Brentford and Arsenal

Related Posts

Discovering a Novel Antibiotic Molecule Demonstrates a Method to Stop Bacterial Growth While Protecting Human Cells. Health
Rephrase the title:Japan’s Food Safety Watchdog Sets ‘Forever Chemicals’ Daily Limit Due to Health Concerns Health
CDC Advises Against Consumption of Pre-cut Cantaloupe Due to Salmonella Outbreak Health
Rephrase the title:Study Reveals Potential Risks of Combining Erectile Dysfunction Medications with Chest Pain Drugs Health
Lockheed Martin Receives $33.7 Million Grant from US Military to Develop Nuclear-Powered Spacecraft Health
Rephrase the title:SEC Hacking Incident Sparks Demands for Cybersecurity Investigation Health

Recent Posts

  • Aivora’s Voucher Alpha: The New Trading Rewards System is Here
  • Aivora Launches Unique Application Features: Voucher & VIP Zone
  • How to optimize your trading on Aivora Exchange
  • Aivora Airdrop Guide – The new generation CEX exchange with AI technology
  • Aivora Exchange Overview

Categories

  • Business
  • Cricket
  • Football
  • Health
  • Press Release
  • Technology
  • Web3

About Us

Welcome to TechVibe9, where the rhythm of technology meets innovation! We are a group of tech enthusiasts on a mission to uncover and showcase the latest in the tech world.

Mail Us : support@techvibe9.com

Latest Post

  • Aivora’s Voucher Alpha: The New Trading Rewards System is Here
  • Aivora Launches Unique Application Features: Voucher & VIP Zone
  • How to optimize your trading on Aivora Exchange

Helpful Links

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

Copyright © TechVibe9

Powered by PressBook Masonry Dark