With more Americans taking advantage of deals offered earlier, online spending on Black Friday declined for the first time, to $8.9 billion, according to Adobe Analytics data.
Last year's Black Friday record of $9 billion was an increase of 21.6% year over year, the company found.
"For the first time ever, Black Friday saw a reversal of the growth trend of past years," Vivek Pandya, lead analyst for Adobe Digital Insights, said in a statement. "Shoppers are being strategic in their gift shopping, buying much earlier in the season and being flexible about when they shop to make sure they get the best deals."
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Online spending on Thanksgiving was $5.1 billion, the same as last year, which also marked the first time both Thanksgiving and Black Friday online spending didn't see year-over-year increases, the company found.
That could be a further sign that "consumers started to shift their spending to earlier in the season, responding to promotions and deals from retailers that started in October," the company said.
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Despite concerns around supply chain issues, Cyber Monday is expected to be the biggest online shopping day of the year, with $10.2 billion to $11.3 billion estimated in online spending. Last year saw a Cyber Monday record of $10.8 billion in online purchases, according to Adobe.
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So far this holiday season, consumers have spent $89.9 billion online since Nov. 1 and are on track to hit $207 billion by Dec. 26, according to Adobe.
Adobe Analytics data covers over 1 trillion visits to U.S. retail sites and 100 million stock-keeping units, which are used to track inventory.