DailyTech - Online Shoppers Spent Over $1 Billion on Black Friday

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Internet Online Shoppers Spent Over $1 Billion on Black Friday
Shane McGlaun (Blog) - November 26, 2012 9:41 AM

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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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.

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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....

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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.

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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.

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