Amazon touts record sales over holiday shopping weekend

Amazon said Wednesday it rang up record-breaking income betwixt Thanksgiving Day and Cyber Monday, adding to what has been a beardown showing for galore retailers truthful acold this vacation buying season.

The institution said the vacation buying play was its "biggest ever," with consumers snapping up hundreds of millions of products during the period. Apple AirPods and Amazon-branded devices similar Echo Dot astute speakers and Fire TV streaming sticks were among the top-selling items. It said Champion apparel, Nintendo Switch consoles and Hasbro Gaming Connect 4 were besides blistery items.

Amazon didn't supply income figures for the five-day buying weekend, which tends to beryllium immoderate of its busiest days successful the vacation period. The company's fourth-quarter results, typically released successful precocious January oregon aboriginal February, volition springiness Wall Street a much implicit representation of the vacation buying season.

Consumers spent $9.12 cardinal online connected Black Friday, a 2.3% leap from past year, portion online Cyber Monday income roseate 5.8% to $11.3 billion, according to Adobe Analytics, which tracks 1 trillion visits to retail websites, and income of 100 cardinal products.

Expectations for this year's vacation buying season had been lackluster, with galore analysts projecting that consumers would beryllium much fund conscious owed to near-record inflation.

But truthful far, figures from Adobe and different 3rd parties suggest consumers are opening their wallets and searching for deals, lured by heavy discounts from retailers. A survey by the National Retail Federation released Tuesday recovered that, connected average, consumers are astir halfway done with vacation shopping, indicating that much purchases could beryllium coming successful the weeks ahead.

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