Congratulations if you survived shopping on Black Friday (Nov. 28). The annual shopping tradition for many families prompted sales to hit record levels this year, rising about 4% from 2024, according to multiple media reports.
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What about online spending? It reportedly reached an all-time high of $11.8 billion, and that’s up roughly 9% from last year, according to Adobe Analytics. Small businesses? They also reportedly saw strong turnout, though Salesforce reported shoppers bought fewer items as higher prices drove much of the increase. Some economists cautioned that inflation means real gains may be modest, and spending is increasingly split between higher-income shoppers and more budget-conscious households, CNN reported.
Giving Tuesday
Meanwhile, Southern Baptist entities and a variety of other ministries are offering numerous ways to help others on Giving Tuesday. This year’s opportunities include everything from goats to helping Send Relief strengthen drought-impaired communities, to funds to archive Southern Baptist history, Baptist Press reported. See full story here.
Other related headlines:
Black Friday sales hit record -The World and Everything in It
Shoppers spend billions on Black Friday to snag holiday deals, despite wider economic uncertainty -Associated Press
Black Friday Online Sales Up Nearly 10% From Last Year, Study Shows -Forbes
U.S. consumers spent a record $11.8 billion online during Black Friday sales -CBS News
The links above are a sampling of headlines related to the story and are not an endorsement of all viewpoints or reporting.
EDITOR’S NOTE — This story was compiled from media reports by The Baptist Paper.
