Print 14 comment(s) - last by Ammohunt.. on Nov 28 at 2:14 PM

Black Friday online shopping sets a record

Another Black Friday has come and gone, and this year sales records were (of course) broken. According to analytics firm comScore, Americans spent $13.7 billion during the 2012 holiday season, spanning November 1 through the 23.

That amount marks a 16% increase compared to the same span of time last year. Online spending on Black Friday also set a record surpassing $1 billion in online sales for the first time ever.

Online shopping for Black Friday was 26% higher than the same time of 2011. Online shopping on Thanksgiving Day was also surprisingly strong with $633 million spent for a 32% increase compared to Thanksgiving Day 2011.

“Despite the frenzy of media coverage surrounding the importance of Black Friday in the brick-and-mortar world, we continue to see this shopping day become more and more prominent in the e-commerce channel – particularly among those who prefer to avoid crowds at the stores,” said comScore chairman, Gian Fulgoni.

The biggest beneficiary of the significantly increased online shopping for the holiday season so far was Amazon, with 57.3 million U.S visitors on Black Friday. Walmart came in second place, and was followed by Best Buy, Target, and Apple.

Source: comScore

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Easily explainable
By Ammohunt on 11/26/2012 11:36:18 AM , Rating: 2
People are maxing out their credit cards before doomsday 12/20/2012.

RE: Easily explainable
By kattanna on 11/26/2012 12:21:32 PM , Rating: 2
and I cant wait to see their faces when their bills arrive on 1/1/2013


RE: Easily explainable
By Spookster on 11/26/2012 1:51:04 PM , Rating: 2
By that time they won't even notice their bills because our wonderful politicians will have successfully pushed the US over the fiscal cliff and kick off another 1930's great depression.

RE: Easily explainable
By Argon18 on 11/26/12, Rating: 0
RE: Easily explainable
By shmmy on 11/26/2012 4:04:05 PM , Rating: 3
Somebody watches too much Fox News....

RE: Easily explainable
By Ammohunt on 11/26/2012 5:23:12 PM , Rating: 2
Hmm rather than watching MSM who says the economy is recovering and things can't get any better! You have to be completely delusional or wilfully ignorant to believe we are not headed for hard times.

RE: Easily explainable
By EricMartello on 11/27/2012 6:11:02 AM , Rating: 2
Someone has their head planted firmly up their anus. Fox News is the only mainstream media network doing any actual journalism. Virtually every other news channel is more interested in being in the obama fan club.

The economic problems we have now have been exasperated by obama's policies. When over 50% of all tax revenue ceases to be spent on entitlements and handouts...maybe then things can start improving.

RE: Easily explainable
By Ammohunt on 11/26/2012 5:25:39 PM , Rating: 2
You could not be more correct...See you in the soup line! Gimmie my gubmnt cheese!

RE: Easily explainable
By EnzoFX on 11/26/2012 1:52:36 PM , Rating: 2
Except that's not how it works.

RE: Easily explainable
By Morvannec on 11/26/2012 12:48:20 PM , Rating: 2
Also 20/12/2012...

RE: Easily explainable
By inperfectdarkness on 11/26/2012 9:59:40 PM , Rating: 2
Figures could have been substantially higher, but there's a lot of stuff on Amazon that can't get shipped to APO. Don't blame me, I was doing my part sitting here with card-in-hand trying to stimulate the economy.

RE: Easily explainable
By Proposer88 on 11/27/2012 12:53:54 AM , Rating: 2
Figures could have been substantially higher

When you say "substantially", you mean you were looking forward to spending a billion or two yourself?

I'd like to see you credit card! Mine just maxes out after a few millions ...

RE: Easily explainable
By WinstonSmith on 11/27/2012 12:54:10 PM , Rating: 2
"People are maxing out their credit cards before doomsday 12/20/2012."

The Winter Solstice is on 21 Dec, so I think that last day on the Mayan calendar, 20 Dec, should be OK. But at 12 midnight Mexican time on the 20th, watch out because just as with Y2K... absolutely nothing out of the ordinary is going to happen.

RE: Easily explainable
By Ammohunt on 11/28/2012 2:14:03 PM , Rating: 2
Thats the funny part Doomsday for the Mayans started even before the Spanish(who sealed their fate) arrived so its safe to say their calendar ain't worth the stone its printed on.

"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA

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