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Best Buy Newsroom
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Black Friday Online Spending Rises to $10.8 Billion in 2024, Adobe Data Show
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Black Friday Online Sales Crack $10B
Bringing a traffic surge of 1800%! AI assistance made "Black Friday" in usa online retail "explosive sales".
①"Black Friday" online sales reached $10.8 billion, hitting a record high; The usage of AI-driven online chat services increased by 31% year-on-year. ②OpenAI, Perplexity AI, amazon, walmart, and others have all launched AI functions related to shopping. ③E-commerce has become a core track for commercializing AI.
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Black Friday sales accelerated, cni online consumption index became a highlight
Retail sales grew by 3.4%, and in-store shopping increased by 0.7%. After inflation, usa consumers are seeking bargains. This year's us black Friday sales are growing at a faster rate, highlighting how discerning consumers are still willing to spend when they find the right product. According to mastercard SpendingPulse data, the day after Thanksgiving (the traditional start of the holiday shopping season), retail sales (excluding autos) rose by 3.4%. This figure surpasses last year's growth and is not adjusted for inflation. In-store sales increased by 0.7%, slower than last year's pace. E-commerce is a bright spot.
These Two Retailers Tend to Underperform the Sector Between Black Friday and Year-end
Express News | Adobe Analytics Says Consumers Spent $10.8 Billion Online on Black Friday in the US, up 10.2% YoY
One Low-Tech Toy Blows Away Black Friday Shopping Competition
Apple Products Dominate Early Black Friday Trending Searches
U.S. stock market anomaly | Retailer stocks rise, Best Buy (BBY.US) up more than 2.5%.
USA retailers' stocks rose due to Black Friday shopping day, and as of the time of writing, best buy is up over 2.5%.
Express News | Hasbro Shares up 3.6%
Express News | Dollar General up Nearly 1%
Express News | Best Buy up 2%, Target up 1.5%, Nordstrom up 1%
Express News | Shares of U.S. Retailers up on Black Friday Shopping Day