Nov. 28 (UPI) -- Cyber Monday sales are expected to break records after Black Friday sales topped $9 billion.
Data from Adobe Analytics shows that consumers are expected to spend between $11.2 billion and $11.6 billion on Cyber Monday, making it the biggest online shopping day of the year and of all time. Consumers spent $10.7 billion on Cyber Monday in 2021.
Sales on Thanksgiving and Black Friday also topped records and came in above projections, with sales up 2.3% to $9.12 billion on Black Friday and up 2.9% to $5.29 billion on Thanksgiving Day, according to Adobe Analytics.
"Strong consumer spend has been driven by net-new demand, and not just higher prices," Adobe said in a press release.
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