Amazon Reports Record Sales for Holiday Shopping
Amazon Reports Record Sales for Holiday Shopping

Amazon Reports Record Sales for Holiday Shopping

News summary

Amazon's Black Friday Week and Cyber Monday event from November 21 to December 2 has set new records, marking the largest such event in its history, with significant sales attributed to independent sellers, who accounted for over 60% of sales. Adobe Analytics reported that online Black Friday sales reached $10.8 billion, highlighting a surge in online shopping. The Fulfillment Center in Baltimore is experiencing a high volume of orders, with plans to process over half a million packages on Cyber Monday, showcasing a collaborative effort between employees and technology. Despite the shopping boom, some customers may experience disruptions due to the 'Make Amazon Pay' workers' strike. Amazon has emphasized its competitive pricing, with an independent study showing its prices were, on average, 14% lower than those of other leading U.S. retailers. The company encourages customers to continue shopping for holiday gifts through its various offerings and deals.

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Last Updated
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