Online sales during this year's Cyber Week rose 2% year-over-year to a record $281 billion worldwide, Salesforce said on Tuesday, as customers zeroed in on discounts amid decades-high inflation during the holiday shopping period, which runs from Thanksgiving through Cyber Monday. The company, which analyzed shopping data from 1.5 billion consumers, said that after "lackluster" deals earlier in the season, retailers poured on the markdowns more aggressively as Cyber Week began. "The data showed a Read More...
Online sales during this year’s Cyber Week rose 2% year-over-year to a record $281 billion worldwide, Salesforce said on Tuesday, as customers zeroed in on discounts amid decades-high inflation during the holiday shopping period, which runs from Thanksgiving through Cyber Monday. The company, which analyzed shopping data from 1.5 billion consumers, said that after “lackluster” deals earlier in the season, retailers poured on the markdowns more aggressively as Cyber Week began. “The data showed a
