U.S. consumers spent $5.6B on Thanksgiving Day, up5.5% from a year earlier, according to an analysis by Adobe, reported Bloomberg’s Lynn Doan. Adobe projects that Black Friday would bring in $9.6B in sales, the report added. Publicly traded companies in the online sales and brick-and-mortar retail space include JCPenney (JCP), Kohl’s (KSS), Macy’s (M), Nordstrom (JWN), Amazon (AMZN), Best Buy (BBY), Target (TGT) and Walmart (WMT).
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on AMZN:
- Luxury vs. Value: Walmart (NYSE:WMT) Might be the Holiday Winner
- Notable open interest changes for November 24th
- Amazon (NASDAQ:AMZN) Could Win Unconditional EU Approval for the iRobot Deal
- Amazon (NASDAQ:AMZN) Rocked by Black Friday Protests Across Europe
- Amazon faces strikes in U.S., Europe on Black Friday, WSJ reports
