Black Friday news and trends

Sovos Sees 92% Jump in Tax Processing on Black Friday
Taxes // December 05, 2024

Sovos says it saw “record-breaking” tax processing performance on Black Friday/Cyber Monday sales. The compliance company announced Thursday (Dec. 5) that it had processed taxes on close to 300 million items just on those two days, out of the more than 16 billion it processes each year. According...

Fewer Americans Shopped Black Friday Despite Record Spending
Retail // December 04, 2024

America’s biggest retailers kicked off the holiday shopping season with record spending. However, the actual number of people shopping during the Thanksgiving-to-Cyber-Monday stretch declined slightly this year, according to data published Tuesday (Dec. 3) by the National Retail Federation (NRF). Still, the 197 million people who shopped this year...

Walmart Marketplace Records Record Black Friday-Cyber Monday Sales
Walmart // December 04, 2024

Walmart says its third-party sellers enjoyed record sales as the holiday shopping season began. The company’s Marketplace saw its highest-ever sales day and also set a single-day conversion rate record during the period between Nov. 25–Dec. 2, or Cyber Monday, Walmart announced Tuesday (Dec. 3)....

Shopify Merchants See Black Friday-Cyber Monday Sales Leap 24%
eCommerce // December 03, 2024

Shopify merchants saw their sales rise 24% and hit a record $11.5 billion during this year’s Black Friday-Cyber Monday weekend. More than 76 million customers around the world bought from brands using the Shopify eCommerce platform over the weekend, the company said in a Monday...

Interviews & Exclusives
Walmart’s Gains in Premium Market Shake Up Holiday Sales

December 06, 2024
Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Walmart reported record sales for its third-party Marketplace during the early holiday shopping season, with the period from Nov. 25 to Dec. 2, including Cyber Monday, marking its highest-ever sales day and […]

BNPL’s In-Store Struggle: Digital Darling Hits Brick Wall in Physical Retail

December 02, 2024
Black Friday’s in the rearview mirror. Cyber Monday is here. Part of what incentivizes a consumer to buy is if and when their preferred payment method is available. It’s a...

November Consumer Confidence Jumps, but Spending Plans Mixed

November 26, 2024
Headed into Black Friday, consumers are more positive than they have been in months. That’s among the takeaways from the latest reading of The Conference Board’s Consumer Confidence Index released...

Amazon Innovates on Alexa and ‘Hauls’ in a New Shopping Experience

November 15, 2024
With a nod to digital engagement and the fast-approaching holiday shopping season, Levi’s launched the Levi’s Jeans Fit Guide in Germany, using Amazon Alexa technology to help shoppers find the...

Quick Reads
Sovos Sees 92% Jump in Tax Processing on Black Friday

December 05, 2024
Sovos says it saw “record-breaking” tax processing performance on Black Friday/Cyber Monday sales. The compliance company announced Thursday (Dec. 5) that it had processed taxes on close to 300 million items just on those two days, out of the more than 16 billion it processes each year. According to a company news release, Sovos saw a 92% increase […]

Fewer Americans Shopped Black Friday Despite Record Spending

December 04, 2024
America’s biggest retailers kicked off the holiday shopping season with record spending. However, the actual number of people shopping during the Thanksgiving-to-Cyber-Monday stretch declined slightly this year, according to data published Tuesday...

Walmart Marketplace Records Record Black Friday-Cyber Monday Sales

December 04, 2024
Walmart says its third-party sellers enjoyed record sales as the holiday shopping season began. The company’s Marketplace saw its highest-ever sales day and also set a single-day conversion rate record...

Shopify Merchants See Black Friday-Cyber Monday Sales Leap 24%

December 03, 2024
Shopify merchants saw their sales rise 24% and hit a record $11.5 billion during this year’s Black Friday-Cyber Monday weekend. More than 76 million customers around the world bought from...