Black Friday has evolved into a full weekend of promotions, with deals starting earlier and ending later. Cyber Monday and Small Business Saturday have been added to the shopping spree. The number of Black Friday shoppers is slowly increasing, but the holiday itself has changed in stores. Originally, Black Friday referred to the day before the Army-Navy football game. Retailers began rebranding it to something positive. Online shopping has played a big role in the decline of the in-person rush. COVID-19 concerns and supply chain issues have also affected foot traffic in stores.
Frequently Asked Questions
Q: How much did shoppers spend online on Black Friday in 2022?
A: Shoppers spent a record-breaking $9.12 billion online on Black Friday in 2022. Source
Q: Did Black Friday online sales reach a new record in 2022?
A: Yes, Black Friday online sales in 2022 reached a new record of $9.12 billion. Source
Q: How does Black Friday spending in 2022 compare to previous years?
A: Black Friday spending in 2022 set a new record, surpassing previous years in terms of online sales. Source
Q: What is the biggest online spending day in U.S. history?
A: The biggest online spending day in U.S. history is Cyber Monday, which drove $11.3 billion in online spending in 2022. Source
Q: How much did consumers spend online during Cyber Week 2020?
A: Consumers spent $9 billion online during Cyber Week 2020, making it the second largest online spending day in U.S. history. Source
Q: Is Black Friday spending affected by inflation?
A: Despite high inflation, Black Friday spending has continued to increase, reaching record-breaking levels in recent years. Source