Cyber Monday – December 1st Already?

And, just like that, the year is almost over...

$6.1Bn worth of on-line sales on Thanksgiving Day (up 8.8%) and another $10.8Bn spent on Black Friday (up 10.2%) gave us record Retail Sales - even though in-store purchases were only up 0.7% from last year (negative accounting for inflation). Overall store traffic was down 3.2% with the Midwest dropping a whopping 7% since last year. Buy Now, Pay Later is driving 10% of store sales and on-line baskets were TWICE the size of in-store bags.

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