Adobe says Black Friday online sales climb 2.3%, Bloomberg reports

According to Adobe (ADBE) Analytics, Black Friday online sales rose 2.3% to a record this year, with consumers shelling out for electronics and smart-home items, as retailers offer steep discounts to clear out bloated inventories, Bloomberg’s Gabriela Mello and Brendan Case report. In-person shopping increased this year compared to last by 2.9%, as shoppers moved on from the coronavirus pandemic, according to data compiled by Sensormatic Solutions. Both in-store and online sales were up 12% this year compared to 2021, excluding the purchase of cars, according to Mastercard SpendingPulse, which tracks all payment types across the Mastercard (MA) payments network. Reference Link