Shoppers spent record $1B online on Black Friday

Black Friday Money

Black Friday Money

Black Friday was a bright day for Internet retailers, as online sales for the key shopping day surpassed $1 billion for the first time. Bargain hunters spent $1.042 billion online the day after Thanksgiving, a 26 percent increase of last year’s Black Friday, according to new figures released today by market analyst ComScore. Online shopping on Thanksgiving Day also increased, totaling $633 million in receipts, a 32 percent increase over Thanksgiving 2011. “Despite the frenzy of media coverage surrounding the importance of Black Friday in the brick-and-mortar world…” Read the full story at CNET.

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).