00:00It's Benzinga, bringing Wall Street to Main Street.
00:02American consumers drove record Black Friday spending with billions spent across online platforms and industries, according to Benzinga.
00:09Online sales rose to $11.8 billion, led by strong demand for electronics, video game consoles, and home appliances.
00:16Salesforce estimated $18 billion in U.S. Black Friday online sales and $79 billion globally,
00:22while Shopify reported $6.2 billion in merchant sales worldwide.
00:26The MasterCard spending pulse reported a 4.1% increase in overall Black Friday sales, excluding automotive.
00:33Online sales rose 10.4%, while in-store sales rose 1.7%.
00:37Record Black Friday spending showed that consumers remained resilient, despite economic uncertainty and continued shifting toward online shopping.
00:45This change in behavior may push retailers to reassess their strategies to meet evolving customer preferences.
00:50For all things money, visit Benzinga.com.
Comments