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Black Friday Sales Soar to $9.12 Billion

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© Richard B. Levine

(77WABC) — Consumers spent a record $9.12 billion online shopping during black Friday this year, according to Adobe, marking a 2.3% increase year over year.

According to Adobe, electronics were a major contributor, as online sales surged 221% over an average day in October. Toys were up 285%, as was exercise equipment, up 218%.

Many consumers embraced flexible payment plans on Black Friday as they continue to grapple with high prices and inflation. Buy now, pay later payments increased by 78% compared with the past week, with revenue up 81% for the same period.

Black Friday shoppers broke a record for mobile orders, as 48% of online sales were made on smartphones, an increase from 44% last year.

The report says some of this year’s hottest items included gaming consoles, drones, Apple Macbooks, Dyson products and toys like Fortnite, Roblox, Bluey, Funko Pop! and Disney’s Encanto.

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