Economics

Lego, iPad Drive Record Online Sales on Black Friday, Adobe Says

  • Web spending hits $3.3 billion; mobile buying at $1.2 billion
  • In-store visits drop 1% on Thursday, Friday, ShopperTrak says

Bargain Hunters Ditch Stores for Online Deals

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U.S. consumers spent a record $3.3 billion online on Black Friday, scooping up everything from Lego sets to Apple iPads, according to Adobe Systems Inc.

Two-day sales starting on Thanksgiving totaled $5.3 billion, marking an 18 percent increase from a year earlier, Adobe said Saturday in a statementBloomberg Terminal. Spending via mobile devices on Friday increased 33 percent to an all-time high of $1.2 billion.