Retailers Score a Win Through Black Friday Weekend
November 30 2022 - 05:23AM
TipRanks
On Tuesday, Adobe Analytics (ADBE) stated that sales of $11.8
billion on Cyber Monday exceeded Black Friday sales of $9.12
billion. These strong sales numbers also surpassed Adobe Analytics'
prior forecast of sales in the range of $11.2 billion to $11.6
billion for the Black Friday weekend. Shopify (SHOP) also stated on
Monday the e-commerce platform had record sales over the
Thanksgiving weekend. It appears even retail giant Walmart (WMT)
saw sales soar during this weekend as the retailer offered Walmart+
members a preview of the shopping deals available.
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Shopify (NYSE:SHOP)
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