Justin
Posts: 914 +1
<p>The convenience of online shopping is drawing more customers away from traditional stores, with <a href="https://www.informationweek.com/news/internet/b2c/showArticle.jhtml?articleID=221901468&cid=RSSfeed_TechWeb" target="_blank">an 11% increase</a> in online Black Friday spending this year. That figure is ahead of the market as a whole, which rose 3%. Amazon leads the pack in those online sales, gaining 28% year-over-year.</p>
<p>ComScore cited increased reliance on social networking and "creative promotions" as some reasons for the growth -- and the firm doesn't believe it will stop, either. Cyber Monday also saw <a href="https://www.usatoday.com/money/industries/retail/2009-11-30-cyber-monday-sales_N.htm" target="_blank">large increases</a> over last year, and comScore says things look encouraging for online retailers. Companies that have both a retail and online presence did well, with Walmart, Target and Best Buy all gaining.</p>
<p>If consumers continue to opt for Web-based shopping, will we see the end of midnight or early morning sales at brick-and-mortar stores?</p><p><a rel='canonical' href='https://www.techspot.com/news/37158-more-shoppers-turn-to-online-retailers-amazon-leads-market.html' target='_blank'>Permalink to story.</a></p><p class='permalink'><a rel='canonical' href='https://www.techspot.com/news/37158-more-shoppers-turn-to-online-retailers-amazon-leads-market.html'>https://www.techspot.com/news/37158-more-shoppers-turn-to-online-retailers-amazon-leads-market.html</a></p>