60 F
Fort Worth
Sunday, September 20, 2020
- Advertisements -
Business Adobe says online sales topped $4B on Thanksgiving

Adobe says online sales topped $4B on Thanksgiving

Other News

Petalo, not Charmin: Virus brings Mexican toilet paper to US

By JOSEPH PISANI AP Retail Writer NEW YORK (AP) — Toilet...

Wall Street posts solid gains after surge in corporate deals

By ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Wall Street kicked off the week with a broad...

Mall owners close to buying JC Penney out of bankruptcy

By ANNE D'INNOCENZIO AP Retail WriterNEW YORK (AP) — Mall owners Simon Property Group and Brookfield Property Partners are close to a...

At Home launches collection with Fort Worth connection

At Home Group Inc. (NYSE: HOME), The Home Décor Superstore, has debuted an exclusive collection with interior...

NEW YORK (AP) — Adobe Analytics says that online spending hit new records on Thanksgiving Day, reaching $4.2 billion. That’s a 14.5% increase from a year ago.

Adobe also says that Black Friday is on track to hit $7.4 billion as of 9 a.m. Friday; $600 million has already been spent online on Friday, representing a 19.2% increase from the year-ago period.

But as online sales surged, some retailers were grappling with outages, according to technology company Catchpoint, which monitors retailers’ online performance. Costco.com experienced “intermittent slow load and transaction times” starting late evening on Wednesday, according to Catchpoint. The site was unavailable for a brief time early on Thanksgiving.

Costco was flagging “longer than normal response time” on its website late Friday morning. H&M was down for under 5 minutes on Thanksgiving, according to Catchpoint. The site went down again Friday morning, though it’s back up. And HomeDepot.com experienced intermittent “slow load times” on Thanksgiving, according to Catchpoint.

- Advertisements -
- Advertisements -

Latest News

August unemployment rate in Texas drops to 6.8%, lowest level since coronavirus shutdowns

By Mitchell Ferman, The Texas Tribune Sept. 18, 2020 "August unemployment rate in Texas...

August US home building slides 5.1% after months of gains

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — U.S. housing construction fell a surprising 5.1% in August after...

COVID-19 danger continues to drive joblessness in US

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last...

Business owners tap into savings to withstand pandemic

By JOYCE M. ROSENBERG AP Business Writer NEW YORK (AP) — When the coronavirus outbreak...

Ariat formally announces plans for distribution center in Fort Worth

Ariat International, a footwear, apparel and accessories brand designed for equestrian sports and other outdoor activities, on Sept. 16 announced that it...