U.S. online spending during the holiday shopping season is likely to grow 14.8 percent this year to $124.1 billion. The figures far outpacing the 2.7 percent growth predicted for brick-and-mortar locations and highlighting the ongoing switch from stores to web shopping.
Online sales this year will benefit from an extra day between Cyber Monday to Christmas, which is likely to provide a $284 million sales boost, the report said. Adobe Analytics also forecast the best days for shopping online based on prices across product categories during previous years.
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