Shoppers spent US$3.45 billion on Cyber Monday on Samsung 4K TVs, PlayStation 4s and Barbie dolls among other products, marking the largest online sales day in U.S. history.
Black Friday is a popular day for U.S. shoppers to start hunting for deals ahead of the holidays, but it has made its way north of the border in recent years. Canadians now spend 26 per cent more on Black Friday than on Boxing Day, according to debit and credit card payment processor Moneris.
Shoppers are largely absent from the malls across North America this Black Friday. Winegard & Company Principal Brynn Winegard joins BNN to discuss consumer shopping trends and why it’s the U.S. retailers reaping the majority of benefits as more and more Canadians buy online.
The Monday after Thanksgiving is traditionally the busiest online shopping day of the year, but stores are releasing Internet deals earlier, stretching them through the week, as well as making them available in stores.