Cyber Monday spending was reportedly down due to early shopping

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Cyber Monday sales were down 1.4 percent year over year, according to a report from Adobe Analytics. Shoppers spent $10.7 billion this year, $100 million less than the $10.8 billion consumers spent in 2020.

Amazon’s holiday shopping report only backs Adobe’s claims that Cyber Monday sales took a dip — the commerce giant didn’t report that this year’s Cyber Monday was the “biggest” day of shopping as it has done in the past. In 2019, Amazon said that Cyber Monday was the platform’s “single biggest shopping day in the company’s history,” while in 2020, Thanksgiving weekend was described as the “largest holiday shopping season” in...

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source https://www.theverge.com/2021/11/30/22810083/cyber-monday-spending-down-early-shopping

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