U.S. shoppers spent significantly less than last year over a five-day stretch including Black Friday and Cyber Monday, as gains in online customers were offset by far fewer people visiting stores during the coronavirus pandemic.
People spent an average of just under $312 on holiday-related purchases from Thanksgiving to Cyber Monday, down 14% from 2019 though on par with 2018, according to a survey by the National Retail Federation and Prosper Insights & Analytics.
The…
This post first appeared on wsj.com
