Cyber Monday Online Sales in US Expected to Reach $14.2 Billion, UK Shoppers Spend $5 Billion Over Black Friday Weekend
Adobe Analytics forecasts that U.S. shoppers will spend $14.2 billion online during Cyber Monday. This prediction comes as many consumers continue to look for discounts and promotions while managing tight budgets.
In the United Kingdom, online sales reached £3.8 billion ($5.0 billion) over the Black Friday weekend, spanning Friday to Cyber Monday. This marks a 4.6% increase compared to the same period last year, based on data from Adobe Analytics.
Cyber Monday is the Monday following Thanksgiving in the United States and is known for major online shopping deals and discounts.
In the UK, online sales during the Black Friday weekend increased by 4.6% compared to last year, according to Adobe Analytics.
Many shoppers are searching for discounts and deals, especially as budgets are tight for many households.
Reuters
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