Thanksgiving spending rose 21.5% year-on-year to $5.1 billion, a record high, according to Adobe analytics on Friday. Online sales on Thanksgiving Day in 2019 are $4.2 billion. The company analyzed the traffic and transactions of 80 of the top 100 online retailers in the United States. < / P > < p > the conversion rate of retailers’ websites providing self-service is 31% higher, which reflects people’s love and popularity of online shopping. The strong online shopping data reflects the trend expected by many retailers and industry observers: during the outbreak, more and more consumers are no longer going to shopping malls, but sitting at home can buy gifts online. The National Retail Federation estimates that holiday retail sales will increase by 3.6% to 5.2% from a year earlier, totaling $755.3 billion to $766.7 billion. The NRF said it rose 4% last year to $729.1 billion. Holiday sales have grown by an average of 3.5% over the past five years. Adobe said it expects “Black Friday” and “Cyber Monday” to be the two largest online sales days in history, with sales of $10.3 billion and $12.7 billion, respectively. Online sales for the entire holiday season (November 1 to December 31) will total $189 billion. However, Bill Simon, former president and chief executive of Wal Mart in the US, said he was concerned about the sustainability of Black Friday deals, regardless of the prospects for them, as retailers needed people to buy products that were not just being promoted. He said online shoppers may just be picking out products at a discount. “If you just sell these promotions, you lose money. It’s not set like this. You have to sell wrapping paper, Christmas lights, crutches and other things that go with it, or you won’t survive, “says Simon, who ran Wal Mart’s U.S. operations from 2010 to 2014. < / P > < p > < p > the shares of related retail industries were not boosted by the black five. Wal Mart’s share price remained stable at $151.6, and target’s share price did not change much, at $179.77. S & P retail ETF (Code: XRT) rose 0.86% to $61.21. [image] Google secretly tests 6GHz networks in 17 states of the United States