In today’s payments news, Uber, Lyft and DoorDash are backing a ballot initiative to exempt themselves from California’s landmark law that re-classifies gig workers as employees. Also, a study by Adobe Analytics found that the upcoming holiday shopping season is expected to break records in online spending. And Lyft is launching a new Lyft Pink membership...
U.S. consumers increased their online shopping by nearly 17 percent before Black Friday, according to new data published by Adobe Analytics this week. Online shopping spend topped $31.9 billion in the first 20 days of November, including the first “$2 billion day of the season,” analysts...
Amid a change in shopping habits from brick-and-mortar to eCommerce, online spending is expected to reach $124.1 billion this holiday season — an increase of 14.8 percent. That percentage is expected to be much higher than the 2.7 percent growth forecasted for traditional stores, Reuters...
Consumer spending during the holidays in the U.S. came in at $108 billion, marking a 14.7 percent increase from a year ago. According to news from Reuters, Adobe Analytics — which collects data from around 80 percent of all online transactions from the top 100 U.S. retailers’...
November 26, 2023
Americans reportedly spent a record $9.8 billion online during this year’s Black Friday. That jump in sales — 7.5% over last year — marks a good sign for retailers worried about a slowdown in holiday shopping, Bloomberg News reported Sunday (Nov. 26), citing Adobe Analytics data. According to the report, the increase in sales was […]
November 22, 2018
U.S. consumers increased their online shopping by nearly 17 percent before Black Friday, according to new data published by Adobe Analytics this week. Online shopping spend topped $31.9 billion in the...
November 01, 2018
Amid a change in shopping habits from brick-and-mortar to eCommerce, online spending is expected to reach $124.1 billion this holiday season — an increase of 14.8 percent. That percentage is...
January 17, 2018
Consumer spending during the holidays in the U.S. came in at $108 billion, marking a 14.7 percent increase from a year ago. According to news from Reuters, Adobe Analytics — which...
