Posted on 11/25/21
| News Source: FOX Business
Consumers shopping online have spent $76 billion in November so far, surpassing last year's $63 billion in revenue generated during the same period, according to the latest data from Adobe Analytics.
Shopping on mobile devices has accounted for $31 billion of revenue generated, a 21.7% year-over-year increase, while shopping on desktops accounted for the remaining $45 billion. The data covers over one trillion visits to U.S. retail sites, 100 million SKUs and 18 product categories.
Online shopping for the grocery category peaked on Monday, up 172% over September's average. Wine is outperforming beer by 124% versus 100% over September's average. Additional categories showing strong season-to-date boosts are toys and video games, up 259% and 167% compared to September's average. The biggest movers over the past week include jewelry and personal care products, up 79% and 89% over September's average.