Consumers are expected to spend between US$5.1bil (RM21.56bil) and US$5.9bil (RM24.94bil) online Thursday, which is Thanksgiving Day in the US. That would be a record. — 123rf.com
Online consumer spending jumped 20% this month through Tuesday in a sign that US holiday shopping has started early, according to the Adobe Digital Economy Index.
Purchases totaled US$72.2bil (RM305.22bil) during the period and toys were a key driver, Adobe said in a report released Wednesday on e-commerce trends in the US. Underscoring widespread shortages in supply, out-of-stock messages have more than tripled compared with November 2019, before the coronavirus pandemic.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
