TODD SMITH — Holiday sales set records for Cyber Monday, Black Friday

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TODD SMITH Cyber Monday sales vaulted to a multi-billion-dollar record, easily surpassing last year’s total, marking the largest online shopping day of all time in the U.S. Based on data from Adobe Analytics – which tracks hundreds of retail websites – sales soared to $9.4 billion by the end of Cyber Monday, growing 19.7 percent year over year and beating last year’s record of nearly $8 billion. That’s on the heels of more than a billion-dollar gain from Black Friday online sales. Online sales surged to $7.4 billion, up from $6.2 billion last year, according to Adobe Analytics. E-commerce is expected to account for nearly $170 billion of the roughly $730 billion in total holiday...

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