Black Friday and Cyber Monday: A Record-Breaking Holiday Shopping Season

As the holiday season approaches, shoppers are gearing up for one of the busiest shopping weekends of the year - Black Friday and Cyber Monday. With e-commerce sites expected to be inundated with customers, retailers are bracing themselves for a surge in online sales.

According to Deloitte's holiday survey, clothing, electronics, and toys are set to be some of the most popular categories for holiday gifts this year. And it's no surprise that consumers are turning to their mobile devices to make purchases - nearly 60% of purchases were made using smartphones, an all-time high.

On Thanksgiving Day, shoppers took advantage of the stores being closed to do their online shopping, with a record-breaking $5.6 billion spent online on Thursday, up 5.5% from last year. The National Retail Federation predicts that holiday spending will reach new heights this year, with in-person and online sales expected to increase by 3-4% compared to last year.

The rise of e-commerce is no surprise, according to Vivek Pandya, lead analyst at Adobe Digital Insights. 'Now it's very online-focused, and we're really looking to see the online velocity surge on the major days like Black Friday and Cyber Monday,' he said.

Despite concerns about high inflation, consumers are expected to continue their resilient spending habits throughout the holiday season. In fact, retail sales are predicted to top a record-breaking $957 billion this year.

For those looking for deals, there's no better time to shop than on Black Friday and Cyber Monday. With retailers offering deep discounts and promotions, shoppers can snag great deals on everything from electronics to clothing and toys.

So whether you're shopping online or in-store, be sure to take advantage of the deals available this holiday season. And don't forget to check out RCA Projector Walmart Black Friday for some amazing deals on projectors!

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