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in a day, according to Adobe. Black Friday shoppers at the Official Discussingfilm cocaine bear poster shirt so you should to go to store and get this Opry Mills Mall in Nashville, Tennessee, on Nov. 25.Seth Herald / AFP via Getty Images The company said shoppers were picking up Apple products such as watches and AirPods, smart speakers and televisions, espresso machines and gaming consoles, as well as toys from Funko, Hatchimals and Squishmallows. Get the Morning Rundown Get a head start on the morning’s top stories. SIGN UP THIS SITE IS PROTECTED BY RECAPTCHA PRIVACY POLICY | TERMS OF SERVICE Adobe noted that mobile shopping also hit a record high this year, with sales from smartphones accounting for 55% of online sales on Thanksgiving Day. These sales are expected to account for 53% of total Black Friday sales, the company predicts. Additionally, strong discounts enticed inflation-weary consumers to put more items in their carts. The average order volume was up 12% during the season. Toys, in particular, drove significant demand, with deals as high as 33% off. Recommended U.S. NEWS ‘There’s no rules. It’s crazy’: New money in NCAA recruiting leaves elite athletes ripe for exploitation CULTURE MATTERS A family-run Mexican restaurant became a chain — and a Southwest phenomenon For retailers, these numbers may be a promising indicator about the weeks ahead. Early holiday forecasts have been muted. Target, Macy’s, Nordstrom and other companies reported a lull in sales in late October and early November. Consumer sentiment has weakened in the past month as inflation hovers near four-decade highs. How has inflation influenced holiday spending sprees? NOV. 26, 202202:33 That has ratcheted up the pressure for retailers on Black Friday weekend — a time that’s often associated with the biggest deals of the holiday shopping season. Adobe expects Cyber Week, the five days from Thanksgiving Day through Cyber Monday, will generate around $34.8 billion in online spending, up nearly 3% compared with 2021. Cyber Monday is expected to be the biggest online shopping day, with sales slated to top $11.2 billion, the company forecast. Sarah Whitten, CNBC Whitten is a social media writer for CNBC.
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