(ABM FN-Dow Jones) Cyber Monday Online sales of U.S. retailers may be at an all-time high this year, but may be disappointing compared to 2020. Adobe announced this in an update on Monday.
The software company expects online sales from retailers in the United States of $ 10.2 to $ 11.3 billion. It was $ 10.8 billion a year ago.
According to Adobe, online sales of Thanksgiving and black silver are already disappointing compared to the same period of 2020. Thanksgiving revenue was $ 5.1 billion, equivalent to last year’s holiday, and retailers’ black silver revenue was 8.9 billion. Less than $ 9 billion. Billions of dollars earned in a single day in 2020.
According to Adobe, the decline could be attributed to higher holiday sales. For example, U.S. retail sales reached more than $ 99 billion online between November 1 and 28. This is an increase of almost 14 percent year-on-year.
In addition, there were fewer cyber Monday offers. Consumers are more likely to be notified of stock shortages due to ongoing supply chain problems. However, according to Adobe, the shelves were less empty than expected.
Bran: ABM Financial News
From Beursplein 5, its authors ABM Financial News Strictly monitor the progress of the stock markets and especially the Amsterdam Stock Exchange. The information in this column is not professional investment advice or recommendation for making specific investments.
“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”