Business Highlights: Cyber Monday expected to set record; Meta hit with claims over underage users
1 year, 4 months ago

Business Highlights: Cyber Monday expected to set record; Meta hit with claims over underage users

Associated Press  

___ Cyber Monday marks the year’s biggest online shopping day, and one more chance to save on gifts Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday. ___ US airports saw record passenger volumes, but fewer headaches, over Thanksgiving weekend A record number of passengers traveled through U.S. airports over Thanksgiving weekend, the Transportation Security Administration said Monday. ___ Court document claims Meta knowingly designed its platforms to hook kids, reports say SAN FRANCISCO — A newly unsealed legal complaint claims Facebook parent Meta Platforms deliberately engineered its social platforms to hook kids. ___ EU regulators say Amazon’s acquisition of vacuum maker iRobot may harm competition European regulators say Amazon’s proposed acquisition of robot vacuum maker iRobot may harm competition.

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History of this topic

Record-breaking Black Friday goes digital as holiday shopping embraces online convenience; Cyber Monday sales skyrocket
3 months, 3 weeks ago

Record-breaking Black Friday goes digital as holiday shopping embraces online convenience; Cyber Monday sales skyrocket

Hindustan Times  

Shopping mania is at an all-time high during the 2024 holiday season, with Adobe forecasting Cyber Monday’s record-high peak will surpass Black Friday to become the biggest shopping day of the year. Despite the shopping holiday previously being “anchored by in-store shopping,” Pandy noted that “with mobile, AI, and chatbots reshaping consumer behaviour, we expect online sales to continue growing …

Cyber Monday: Shoppers expected to spend record $13.2 billion online, report says
Trending News
3 months, 4 weeks ago

Cyber Monday: Shoppers expected to spend record $13.2 billion online, report says

Hindustan Times  

Cyber Monday, held on the Monday after the worldwide Black Friday sale tradition, is expected to clock sales worth at least $13.2 billion, 6.1% more than the previous year, according to online shopping tracker Adobe Analytics. FILE - Cyber Monday –- a term coined back in 2005 by the National Retail Federation –- continues to be the biggest online shopping …

Black Friday and Cyber Monday transactions decline for first time in years
3 months, 4 weeks ago

Black Friday and Cyber Monday transactions decline for first time in years

NL Times  

For the first time since 2016, Black Friday saw a drop in iDEAL transactions, with 5.82 million payments processed, an 18.4 percent decrease from last year's 7.13 million transactions. Cyber Monday transactions also fell slightly, from 5.12 million in 2023 to 5.10 million this year, according to data from online payment system iDEAL and Betaalvereniging Nederland. The diversity of discounts—ranging …

More than 3 million travelers screened at US airports in a single day. That’s a record
3 months, 4 weeks ago

More than 3 million travelers screened at US airports in a single day. That’s a record

Associated Press  

Travelers heading home after the Thanksgiving holiday set a record on Sunday, as airport officers screened more than 3 million people. The Transportation Security Administration said Monday that it handled 3.09 million travelers on Sunday, breaking the previous record by about 74,000. Traffic at Dallas-Fort Worth International Airport came to a standstill Sunday evening, with the airport using social media …

Cyber Monday shoppers expected to set a record on the year’s biggest day for online shopping
3 months, 4 weeks ago

Cyber Monday shoppers expected to set a record on the year’s biggest day for online shopping

Associated Press  

Consumers in the United States are scouring the internet for online deals as they look to take advantage of the post-Thanksgiving shopping marathon with Cyber Monday. Even though e-commerce is now part and parcel of many people’s regular routines and the holiday shopping season, Cyber Monday — a term coined in 2005 by the National Retail Federation — has become …

Cyber Monday expected to see record spending
3 months, 4 weeks ago

Cyber Monday expected to see record spending

Salon  

From fruit blenders to noise-canceling headphones, e-commerce sites are slashing prices on almost everything for Cyber Monday, the biggest online shopping day of the year. According to The Associated Press, consumers are expected to spend $13.2 billion on Monday, with spending at an estimated $15.7 million per minute during peak hours of 8 p.m. to 10 p.m. Brick-and-mortar stores reported …

Cyber Monday shoppers are expected to set a record on the year’s biggest day for online purchases
3 months, 4 weeks ago

Cyber Monday shoppers are expected to set a record on the year’s biggest day for online purchases

LA Times  

Consumers in the United States are scouring the internet for online deals as they look to take advantage of the post-Thanksgiving shopping marathon on Cyber Monday. Even though e-commerce is now part and parcel of many people’s regular routines and the holiday shopping season, Cyber Monday — a term coined in 2005 by the National Retail Federation — has become …

Cyber Monday 2024: Major retailers kick off early sales ahead of December 2 event
3 months, 4 weeks ago

Cyber Monday 2024: Major retailers kick off early sales ahead of December 2 event

Live Mint  

Cyber Monday 2024 is falling on Monday, but many retailers have already kicked off early sales events. According to a survey by the National Retail Federation, around 72.3 million Americans are expected to shop on Cyber Monday, making it the second largest shopping event of the year, right after Black Friday. Cyber Monday 2024 is shaping up to be another …

Black Friday goes digital as Americans rack up $10bn worth of online purchases
3 months, 4 weeks ago

Black Friday goes digital as Americans rack up $10bn worth of online purchases

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Americans spent a staggering …

Cyber Monday 2024: Top deals from Amazon, Best Buy, Target, Kohl’s, and Walmart in US
4 months ago

Cyber Monday 2024: Top deals from Amazon, Best Buy, Target, Kohl’s, and Walmart in US

Live Mint  

The holiday shopping season is in full swing, and Cyber Monday has extended its reach beyond a single day. Unlike Black Friday’s in-store rush, Cyber Monday is primarily an online shopping event. The 2024 Cyber Monday shopping spree is officially underway, with major retailers unveiling deals early to entice shoppers. Best Buy Best Buy's Cyber Monday sale kicks off on …

Black Friday set to dominate Thanksgiving weekend as 131.7 million prepare to shop
Trending News
4 months ago

Black Friday set to dominate Thanksgiving weekend as 131.7 million prepare to shop

Live Mint  

Black Friday is expected to be the busiest shopping day of the Thanksgiving weekend, with 72% of shoppers—an estimated 131.7 million people—planning to visit stores or shop online, according to the National Retail Federation’s survey conducted with Prosper Insights & Analytics. Thanksgiving weekend shopping trends Overall, the NRF projects a record-breaking 183.4 million shoppers will participate in the five-day shopping …

Amazon says this year’s Prime Day was its biggest ever
8 months, 1 week ago

Amazon says this year’s Prime Day was its biggest ever

Associated Press  

NEW YORK — Amazon saw record sales for Prime Day this week as Prime members purchased more items than ever before, the company announced Thursday. The Seattle e-commerce giant, which does not disclose how much it earns during the popular discount event, also said “millions” of customers joined Prime in the past three weeks to take advantage of the discount …

Cyber Monday 2023 is here - What it is? and everything you need to know
1 year, 4 months ago

Cyber Monday 2023 is here - What it is? and everything you need to know

India TV News  

What is Cyber Monday? Notably, In 2005, the National Retail Federation came up with the term "Cyber Monday" to encourage post-Black Friday online shopping. Difference Between Cyber Monday and Black Friday Black Friday, occurring on the Friday after Thanksgiving, is a busy day for in-store shopping in the US. So, while Black Friday is about in-store bargains, Cyber Monday takes …

On this Cyber Monday: Here's are 6 best practices to secure your online shopping
1 year, 4 months ago

On this Cyber Monday: Here's are 6 best practices to secure your online shopping

Hindustan Times  

Cyber Monday, the digital shopping extravaganza following Black Friday, extends the season of offers and discounts until November 27. FILE - Cyber Monday –- a term coined back in 2005 by the National Retail Federation –- continues to be the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel …

Cyber Monday marks the year’s biggest online shopping day, and one more chance to save on gifts
1 year, 4 months ago

Cyber Monday marks the year’s biggest online shopping day, and one more chance to save on gifts

Associated Press  

Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday. Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday — a term coined back in 2005 by the National Retail Federation — continues to be the …

Still looking for deals on holiday gifts? Retailers are offering discounts on Cyber Monday
1 year, 4 months ago

Still looking for deals on holiday gifts? Retailers are offering discounts on Cyber Monday

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Consumers are scouring the internet …

What is Cyber Monday? Here's what you should know about the online shopping extravaganza
1 year, 4 months ago

What is Cyber Monday? Here's what you should know about the online shopping extravaganza

Live Mint  

The first Monday after the Thanksgiving weekend is known as Cyber Monday, a day designed to promote the best deals on online shopping platforms and was created as a counterbalance to Black Friday sales. According to a Reuters report, this year's Cyber Monday, which falls on November 27, is set to be the biggest online shopping day of the year …

Cyber Monday 2023: Date, history, significance and everything you need to know
1 year, 4 months ago

Cyber Monday 2023: Date, history, significance and everything you need to know

Hindustan Times  

Cyber Monday 2023: The Monday after the US Thanksgiving weekend is known in the e-commerce world as "Cyber Monday". The result is that Cyber Monday and Black Friday have combined to create a hybrid online and in-store shopping experience that makes it difficult to distinguish between the two days. Cyber Monday is a popular online shopping event that takes place …

This year’s Black Friday ‘busiest shopping day on record’ – Nationwide
1 year, 4 months ago

This year’s Black Friday ‘busiest shopping day on record’ – Nationwide

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Black Friday set to be ‘busiest ever’ as spending beats last year
1 year, 4 months ago

Black Friday set to be ‘busiest ever’ as spending beats last year

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy This year’s Black Friday could …

What are Black Friday, Small Business Saturday, Boxing Day and Cyber Monday sales
1 year, 4 months ago

What are Black Friday, Small Business Saturday, Boxing Day and Cyber Monday sales

Live Mint  

Black Friday, Small Business Saturday, Cyber Monday, and Boxing Day are shopping holidays with discounts. Black Friday, Small Business Saturday, Cyber Monday and Boxing Day are great opportunities for people across the world to pick up heavily discounted gaming gear and video games. Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. …

Black Friday is almost here. What to know about the holiday sales event’s history and evolution
1 year, 4 months ago

Black Friday is almost here. What to know about the holiday sales event’s history and evolution

Associated Press  

NEW YORK — If you didn’t already guess it from a barrage of sales ads in your inbox, the holiday shopping season is upon us. While Black Friday may no longer look like the crowd-filled, in-person mayhem that it was just decades ago — in large part due to the rising dependence on online shopping that was accelerated by the …

Next 2 days likely to be this week's busiest. Here's when not to be on the road -- or in the airport
1 year, 4 months ago

Next 2 days likely to be this week's busiest. Here's when not to be on the road -- or in the airport

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. U.S. Transportation Secretary Pete Buttigieg said during a news …

Amazon says it had its biggest Thanksgiving shopping weekend
2 years, 4 months ago

Amazon says it had its biggest Thanksgiving shopping weekend

Associated Press  

NEW YORK — Amazon said Wednesday it had its biggest ever Thanksgiving holiday shopping weekend, aided by a record number of consumers looking for deals online amid high inflation. A record 196.7 million people shopped in stores and online during the five-day shopping period that stretched from Thanksgiving to Cyber Monday, 17 million more compared to last year, according to …

Cyber Monday deals lure in consumers amid high inflation
2 years, 4 months ago

Cyber Monday deals lure in consumers amid high inflation

Associated Press  

NEW YORK — Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that have ballooned in price because of high inflation. Cyber Monday is expected to remain the year’s biggest online shopping day and rake in up to $11.6 billion in sales, according to Adobe …

Inflation hovers over shoppers seeking deals on Black Friday
2 years, 4 months ago

Inflation hovers over shoppers seeking deals on Black Friday

Firstpost  

Due to elevated prices for food, rent, gasoline and other essentials, many people were being more selective, reluctant to spend unless there was a big sale New York: Cautious shoppers hunted for the best deals at stores and online as retailers offered new Black Friday discounts to entice consumers eager to start buying holiday gifts but weighed down by inflation. …

Inflation hovers over shoppers seeking deals on Black Friday
2 years, 4 months ago

Inflation hovers over shoppers seeking deals on Black Friday

Associated Press  

NEW YORK — Cautious shoppers hunted for the best deals at stores and online as retailers offered new Black Friday discounts to entice consumers eager to start buying holiday gifts but weighed down by inflation. The traffic was “significantly larger” on Black Friday compared to the previous two years because shoppers feel more comfortable in crowds, Macy’s CEO Jeff Gennette …

The environmental impact of Black Friday
2 years, 4 months ago

The environmental impact of Black Friday

Hindustan Times  

The season for bargain hunting has begun. Rise in emissions "Black Friday is an extremely worrying trend," said Phil Purnell, Professor of Materials and Structures with the School of Civil Engineering at the UK University of Leeds. "Our research shows that 400,000 tons of CO2 will be admitted into the atmosphere as a result of transport for Black Friday in …

Shoppers flood to stores on Black Friday - even as more people shop online for deals
2 years, 4 months ago

Shoppers flood to stores on Black Friday - even as more people shop online for deals

Daily Mail  

More shoppers are also ordering their deals online - despite thousands of Amazon warehouse workers staging a mass Black Friday strike across 40 countries, including the US, over pay and working conditions Shoppers returned to familiar holiday shopping patterns to bag a bargain this Black Friday after two seasons marked by pandemic worries and supply issues. More shoppers are also …

Black Friday, Cyber Monday sales set to top $6b, as consumers shrug off soaring inflation
2 years, 4 months ago

Black Friday, Cyber Monday sales set to top $6b, as consumers shrug off soaring inflation

ABC  

Australians spent $6 billion in the Black Friday and Cyber Monday sales last year and, despite soaring inflation, retailers are banking on another busy trading period from Friday. Key points: Black Friday is now Australian retail's biggest trading period The ARA predicts $6.2 billion worth of sales from Black Friday to Cyber Monday Australia Post delivered 52 million parcels between …

Amazon Prime Day comes amid slowdown in online sales growth
2 years, 8 months ago

Amazon Prime Day comes amid slowdown in online sales growth

Associated Press  

Amazon is heading into its annual Prime Day sales event on Tuesday much differently than how it entered the pandemic. Amazon doesn’t disclose Prime Day results, though research firm Insider Intelligence suggests sales could climb to about $12.5 billion in global sales — or 17% over last year -- in part because of the event’s mid-July timing, which compared to …

Australians tipped to spend $5.4b over Black Friday and Cyber Monday but buyer beware: You may not be getting the best deals
3 years, 4 months ago

Australians tipped to spend $5.4b over Black Friday and Cyber Monday but buyer beware: You may not be getting the best deals

ABC  

It used to be an American-only affair. Key points: Black Friday and Cyber Monday are now firmly entrenched in the Australian sales calendar, rivalling more traditional sale events such as Boxing Day But consumer groups are warning customers to beware before they open their wallets and spend big as they may not be getting the best discounts They suggest looking …

Online shopping bummer: Out-of-stock products surged 172% from pre-pandemic levels
3 years, 5 months ago

Online shopping bummer: Out-of-stock products surged 172% from pre-pandemic levels

CNN  

New York CNN — If you were shopping online in the late summer, chances are you may have been hit with an unfortunate message: The product you’re looking for is out-of-stock. Products were out of stock online 24% more of the time in August from a year earlier across the 18 product categories tracked by Adobe Analytics, according to a …

US retailers witness Cyber Monday as biggest online shopping dayin history cv19
4 years, 3 months ago

US retailers witness Cyber Monday as biggest online shopping dayin history cv19

Hindustan Times  

Cyber Monday is on track to bring in a record of as much as $12.7 billion in online sales, according to latest industry estimates, surpassing Black Friday’s digital numbers as US retailers reached the last leg of an extended holiday selling season caused by the Covid-19 pandemic. Cyber Monday turns out to be biggest online shopping day in US history …

Black Friday shoppers forgo lines for online
4 years, 3 months ago

Black Friday shoppers forgo lines for online

China Daily  

Shoppers wearing protective masks are seen at Hudson Yards on November 27, 2020 in New York, United States. Online sales hit $9 billion on the day after Thanksgiving, up more than 21 percent over last year, according to Adobe Analytics, which analyzes website transactions from 80 of the top 100 US online retailers. It was the first time that web …

This holiday season, everyone is shopping from home
4 years, 4 months ago

This holiday season, everyone is shopping from home

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Overall holiday sales are projected to rise a slight …

This holiday season, everyone is shopping from home
4 years, 4 months ago

This holiday season, everyone is shopping from home

Associated Press  

NEW YORK — The viral pandemic is accelerating a transformation of America’s holiday shopping season. Overall holiday sales are projected to rise a slight 0.9% in November and December — and even that modest gain will be due to an explosion in online shopping, according to the research firm eMarketer. Once the final numbers are tallied up, this year’s Cyber …

U.S. Shoppers Might Spend $13 Million Per Minute During Cyber Monday Peak
4 years, 4 months ago

U.S. Shoppers Might Spend $13 Million Per Minute During Cyber Monday Peak

NPR  

Shoppers Might Spend $13 Million Per Minute During Cyber Monday Peak Enlarge this image toggle caption Kena Betancur/AFP via Getty Images Kena Betancur/AFP via Getty Images U.S. shoppers are on track to spend more than $755 billion during the holiday shopping season in what's expected to be a new sales record despite the coronavirus recession. During the peak hour of …

Black Friday shoppers forgo lines for online
4 years, 4 months ago

Black Friday shoppers forgo lines for online

China Daily  

Amazon employees work at a dispatch center in Boves, France, in September. Online sales hit $9 billion on the day after Thanksgiving, up more than 21 percent over last year, according to Adobe Analytics, which analyzes website transactions from 80 of the top 100 US online retailers. It was the first time that web shoppers outspent in-person gift-seekers on Black …

Black Friday sees record online as US shoppers stay home
4 years, 4 months ago

Black Friday sees record online as US shoppers stay home

Live Mint  

Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones. Consumers spent an estimated $9 billion on US retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. Even with that drop, Black Friday will still likely end up as one of the biggest in-person shopping days …

Black Friday sees record online as US shoppers stay home
4 years, 4 months ago

Black Friday sees record online as US shoppers stay home

Associated Press  

Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones. Consumers spent an estimated $9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. Even with that drop, Black Friday will still likely end up as one of the biggest in-person shopping days …

Black Friday NYC: Macy's and Best Buy deserted amid Covid pandemic
4 years, 4 months ago

Black Friday NYC: Macy's and Best Buy deserted amid Covid pandemic

Daily Mail  

Black Friday was lackluster in New York City, with fewer shoppers turning out in person due to fear of COVID-19 than in years past, despite it doing little to slow down bargain hunters in other parts of the country. Many New Yorkers shopped at home to avoid risking COVID in person Another view of a deserted Fifth Avenue on Friday, …

Virus keeps Black Friday crowds thin, shoppers shift online
4 years, 4 months ago

Virus keeps Black Friday crowds thin, shoppers shift online

Associated Press  

NEW YORK — The raging coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a beacon of hope for struggling retailers after months of slumping sales and businesses toppling into bankruptcy. “They’ve done everything they had to do in school and outside of school, so I have …

Festival season online shopping creates perfect storm for cybercrime, McAfee says
4 years, 4 months ago

Festival season online shopping creates perfect storm for cybercrime, McAfee says

The Hindu  

As the pandemic forced people to shift their activities online, cybercriminals are taking advantage of Indian consumers relying on digital shopping during the festival season, according to cybersecurity firm McAfee. In its study titled ‘2020 holiday season: state of today’s digital e-Shopper’, the cybersecurity firm found 68% of Indian consumers saw an increase in their online shopping activity this year. …

Online shopping surge could lead to holiday delivery delays
4 years, 4 months ago

Online shopping surge could lead to holiday delivery delays

Associated Press  

NEW YORK — Retailers and carriers are preparing for an online holiday shopping surge that could tax shipping networks and lead to delivery delays. Walmart, the nation’s largest retailer, announced Thursday it was taking space in 42 regional distribution centers to create “pop-up”’ e-commerce distribution hubs to meet the surging demand for online orders this holiday season. “And it’s advantageous …

‘Christmas creep’: Amazon bumps shopping season up with Prime Day
4 years, 5 months ago

‘Christmas creep’: Amazon bumps shopping season up with Prime Day

Al Jazeera  

With Prime Day delayed from July to October, Amazon.com Inc could be responsible for yanking the pivotal holiday shopping season forward, even as many consumers aren’t ready to hit up brick-and-mortar retailers. Amazon.com Inc.’s two-day Prime Day sale kicked off on Tuesday and is expected to give the world’s largest e-commerce company an early advantage over brick-and-mortar rivals still contending …

Amazon Prime Day was bigger than Black Friday and Cyber Monday — combined
5 years, 8 months ago

Amazon Prime Day was bigger than Black Friday and Cyber Monday — combined

CNN  

New York CNN Business — Amazon said this year’s Prime Day was “once again the largest shopping event” in its history. The company said sales from its two-day shopping event surpassed its sales for last year’s Black Friday and Cyber Monday combined. Prime Day was also successful for Amazon’s line of deeply discounted gadgets. “Members purchased millions of Alexa-enabled devices, …

Amazon says Cyber Monday single biggest shopping day in company history
6 years, 4 months ago

Amazon says Cyber Monday single biggest shopping day in company history

China Daily  

WASHINGTON, Nov. 27 -- US e-commerce giant Amazon on Tuesday announced that Cyber Monday was the single biggest shopping day in the company's history, with more products ordered than any other day. Throughout the five shopping days starting with Thanksgiving and continuing through Cyber Monday, Amazon customers ordered more than 180 million items, the company said. Figures from market research …

As online shopping surges, so too does Cyber Monday’s riches
6 years, 4 months ago

As online shopping surges, so too does Cyber Monday’s riches

Associated Press  

NEW YORK — Like Black Friday, Cyber Monday is spreading out into a week-long shopping fest, with Amazon, Walmart and Target calling it “Cyber Week.” Still, Monday is expected to be the biggest online shopping day in U.S. history, according to Adobe Analytics, which tracks online sales at 80 of the top 100 retail sites. Other things to know on …

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