• CNBC reports that "U.S. shoppers spent $10.7 billion on Cyber Monday, according to data from Adobe Analytics, marking a 1.4% decline from year-ago levels. Black Friday online sales also fell slightly short of last year’s total, with retailers recording $8.9 billion in sales, Adobe said."
• CNBC also reports that "Amazon said Tuesday it rang up record-breaking sales during the post-Thanksgiving rush, providing an upbeat outlook for a holiday shopping period that’s been lackluster for the retail industry.
"In a blog post, Amazon said home goods, toys and apparel were among the top categories in the period from Black Friday to Cyber Monday. Popular purchases included Apple AirPods, Fire TV sticks and the Revlon One-Step Hair Dryer.
"Amazon didn’t disclose sales figures for the two notable shopping days, which are typically its busiest in the holiday period. Analysts and investors will have to wait for Amazon’s fourth-quarter results in late January or early February for a fuller picture of the shopping season."
