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Yesterday Americans Spent $5 Billion Online (cnn.com)

An anonymous reader quotes CNN Money: Black Friday 2017 was all about digital sales. American shoppers spent a record $5 billion in 24 hours. That marks a 16.9% increase in dollars spent online compared with Black Friday 2016, according to data from Adobe Digital Insights, which tracks 80% of online spending at America's 100 largest retail websites... Meanwhile, malls and big-box retailers were left only slightly emptier. Early estimates from ShopperTrak, a data analytics company that measures the number of shoppers at stores, said foot traffic "decreased less than one percent when compared to Black Friday 2016."

6 of 68 comments (clear)

  1. More online, no surprise by thereitis · · Score: 4, Insightful

    I don't have to spend any gas, spend less time, and don't have to deal with people exercising their primate brains elbowing each other just to save a few dollars. Just look at the black friday crowd videos on Youtube. You'd think the apocalypse had just been announced.

  2. I SAVED money by p51d007 · · Score: 5, Insightful

    I didn't buy a bloody thing :)

    1. Re:I SAVED money by Tablizer · · Score: 2

      I did buy a bloody thing. I'm into the Addam's Family look. Scares the riff raff relatives away.

  3. Re:Since that 5 billion was mostly credit by mentil · · Score: 2

    Too bad half of the Chinese don't speak Mandarin. Also, the ~$1T we owe them is about what is handed by the Fed to the Treasury each year on a silver platter. If for some reason China said 'pay up or else!!' they'd just print another Trillion, no sweat. Much ado about nothing.

    --
    Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
  4. Black Friday at my house by thegarbz · · Score: 4, Interesting

    So I was home yesterday. Here we have 1 day delivery on online purchases and I think I may have been the only person in my apartment building home. Long story short, my entire entry way is full of my neighbour's parcels and I've had a steady stream of people coming to pick them up.

    Quite bizarre.

  5. Re:Since that 5 billion was mostly credit by geekmux · · Score: 2

    I don't know that it's a great thing, necessarily. Debt is absolutely out of control. The next recession could be a real financial apocalypse if people don't wise up.

    US National Debt was 8 trillion 10 years ago.

    It's over 20 trillion today.

    Consumers learned that behavior from Uncle Sam.