Thanksgiving Day online sales jump as discounts motivate holiday shoppers
Publishing timestamp: 2023-11-24 12:27:36
Summary
The article discusses the increase in online spending on Thanksgiving Day, with consumers spending $5.6 billion, a 5.5% jump from the previous year. The article also mentions that Black Friday online spending is expected to climb even higher. However, it notes that it is too soon to determine if this increase will lead to a strong overall holiday season. The article highlights the efforts of retailers to offer discounts and promotions to attract shoppers, and mentions the popular items being purchased online, such as Barbie items, gaming consoles, and Bluetooth speakers. It also mentions the significant role of mobile shopping in Thanksgiving sales.
Sentiment: NEUTRAL
Keywords: business news, macy's inc, business, breaking news: business, adobe inc., retail industry, target corp, best buy co inc,
Source: https://www.cnbc.com/2023/11/24/thanksgiving-day-online-sales-discounts-jump.html