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HomeLifestyle NewsHoliday Online Sales Hit a Record $241 Billion in US, Adobe Says

Holiday Online Sales Hit a Record $241 Billion in US, Adobe Says

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US e-commerce spending rose 9 percent to a record $241 billion over the holiday period, sparked by widespread discounts, according to data from Adobe.

More than half of the total spent during the last two months of the year was on electronics, apparel and home goods, Adobe reported, while groceries and cosmetics posted the sharpest growth rates from a year earlier.

“Strong discounts this season enticed consumers who have become increasingly price sensitive,” Adobe said, adding that sales…

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