The Clap
Amazon (NASDAQ:AMZN) recorded its best-ever Thanksgiving weekend, as inflation did not phase consumers.
What
While Amazon did not provide a total sales figure just yet, they did note that independent businesses generated more than $1 billion in sales.
Nearly 197 million people shopped during the Thanksgiving weekend up until Cyber Monday, a record number of shoppers.
So What
This past Monday saw sales increase to $11.3 billion, the biggest day in US online shopping history, as per Adobe Analytics.
Now What
The holiday season is still underway, and the Thanksgiving weekend is a strong, positive indicator of what may come during Christmas.