Thursday, September 13, 2018

Good news for retailers this holiday season: Americans are spending on big-ticket items

The Washington Post
Americans spent a record $2 billion online on Labor Day, making it one of the biggest online shopping days of the year and giving new hope to retailers ahead of the closely watched holiday season.

Online spending on Labor Day grew 23 percent to $2.08 billion, from $1.69 billion a year earlier, as shoppers bought big-ticket items like electronics, appliances, mattresses and grills, according to data from Adobe Analytics being released Friday.. . . more