Amazon is touting record sales over the holiday shopping weekend | Jobs Reply


An Amazon employee moves a cart full of packages to an Amazon delivery station on November 28, 2022 in Alpharetta, Georgia.

Justin Sullivan | Getty Images

Amazon said Wednesday it put together record-breaking sales in the five-day period from Thanksgiving and ending on Cyber ​​Monday, adding to what has been a strong showing for many retailers so far this holiday shopping season.

The company said the holiday shopping weekend was “the biggest ever,” with shoppers snapping up hundreds of millions of products during the period. Apple AirPods and Amazon-branded devices such as Echo Dot smart speakers and Fire TV streaming sticks were among the top sellers. It said Champion clothing, Nintendo Switch consoles and Hasbro Gaming Connect 4 were also hot items.

Amazon’s independent retail businesses surpassed $1 billion in sales over the Thanksgiving holiday shopping weekend, the company said.

Amazon did not provide sales figures for the five-day shopping weekend, which is often one of its busiest days during the holiday season. The company’s fourth-quarter results, usually released in late January or early February, will give Wall Street a complete picture of the holiday shopping season.

Consumers spent $9.12 billion online on Black Friday, a 2.3% jump from last year, while Cyber ​​Monday sales rose 5.8% to $11.3 billion, according to of Adobe Analytics, which tracks 1 trillion visits to retail websites and sales of 100 million products.

Expectations for this year’s holiday shopping season were tepid, with many analysts predicting that shoppers will be more concerned about budgeting due to record low inflation.

But so far, statistics from Adobe and other third-party companies suggest consumers are opening their wallets and looking for deals, lured by deep discounts from retailers. A survey by the National Retail Federation released Tuesday found that, on average, shoppers are almost done with their holiday shopping, indicating that more shopping is likely in the coming weeks.

WATCH: The holiday shopping weekend saw 20 million more shoppers than last year, NRF CEO Matt Shay said.

The holiday shopping weekend saw 20 million more shoppers than last year, NRF CEO Matt Shay said.



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