Shopify has announced that this year’s global Black Friday sales reached record highs at over $3 billion.
The commerce platform said the figures were a 17 per cent increase from 2021, with merchants on Shopify seeing sales peak at $3.5 million per minute. Shopify also recorded a 27 per cent growth in point of sale (POS) sales made by Shopify merchants globally compared to last year’s Black Friday.
"Black Friday Cyber Monday has grown into a full-on shopping season,” said Shopify president Harley Finkelstein. “The weekend that started it all is still one of the biggest commerce events of the year, and our merchants have broken Black Friday sales records again.”
Shopify found that the top countries for sales were the US, UK, and Canada.
Top products categories were apparel and accessories, health and beauty, and home and garden. Shopify found the average cart price for shoppers was between $102 to $106.
The findings follow news of Shopify expanding its global programme to allow local European Enterprise Resource planning (ERP) partners to join and build direct integrations to the e-commerce platform.
Latest News
-
Shein halts UK warehouse plans as London listing faces headwinds
-
Harrods rolls out AI-powered platform to boost digital marketing strategy
-
Amazon to launch 1,000 UK apprenticeships in 2025
-
January retail sales mark strongest growth in 2 years
-
IKEA's Oxford Street launch draws thousands of job seekers
-
Lidl to raise pay for over 28,000 employees
Poundland significantly reduces antisocial behaviour, aggression and shoplifting with Motorola Solutions VT100 body cameras
Retail should not be a high-risk occupation. As a company, we are focused on listening to our colleagues and customers to help them with the issues they are facing in-store and so far, the feedback on our body cameras has been excellent. They act as a great visual deterrent, help to de-escalate situations and overall, this project has significantly aided our goal to make the retail environment safer.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
Supplying demand: how fashion retailers can meet the needs of customers and still be sustainable
The fashion industry is no stranger to breaking the mould and setting trends, but the pursuit of style can come at a huge cost to the environment.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
© 2024 Perspective Publishing Privacy & Cookies
Recent Stories