Amazon touts document gross sales over vacation purchasing weekend

Amazon touts document gross sales over vacation purchasing weekend

An Amazon employee strikes a cart full of packages at an Amazon supply station on November 28, 2022 in Alpharetta, Georgia.

Justin Sullivan | Getty Photographs

Amazon stated Wednesday it rang up record-breaking gross sales within the five-day interval starting Thanksgiving Day and ending on Cyber Monday, including to what has been a robust displaying for a lot of retailers to this point this vacation purchasing season.

The corporate stated the vacation purchasing weekend was its “largest ever,” with shoppers snapping up a whole bunch of hundreds of thousands of merchandise through the interval. Apple AirPods and Amazon-branded units reminiscent of Echo Dot good audio system and Hearth TV streaming sticks had been among the many top-selling objects. It stated Champion attire, Nintendo Change consoles and Hasbro Gaming Join 4 had been additionally sizzling objects.

Unbiased companies promoting on Amazon surpassed $1 billion in gross sales through the Thanksgiving vacation purchasing weekend, the corporate stated.

Amazon did not present gross sales figures for the five-day purchasing weekend, which tends to be a few of its busiest days within the vacation interval. The corporate’s fourth-quarter outcomes, sometimes launched in late January or early February, will give Wall Road a extra full image of the vacation purchasing season.

Customers spent $9.12 billion on-line on Black Friday, a 2.3% bounce from final yr, whereas on-line Cyber Monday gross sales rose 5.8% to $11.3 billion, based on Adobe Analytics, which tracks 1 trillion visits to retail web sites and gross sales of 100 million merchandise.

Expectations for this yr’s vacation purchasing season had been lackluster, with many analysts predicting that customers could be extra price range aware because of near-record inflation.

However to this point, figures from Adobe and different third events counsel shoppers are opening their wallets and trying to find offers, lured by deep reductions from retailers. A survey by the Nationwide Retail Federation launched Tuesday discovered that, on common, shoppers are about midway achieved with vacation purchasing, indicating that extra purchases could possibly be coming within the weeks forward.

WATCH: Vacation purchasing weekend noticed 20 million extra buyers than final yr, says NRF CEO Matt Shay

Amazon touts document gross sales over vacation purchasing weekend


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