A retail weekend for the record books

| November 28, 2017

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Shoppers hungry for discounts set retail sales records both online and at physical stores over the Thanksgiving weekend. Consumers spent more than $5 billion on Black Friday, 16.9% more than on that day in 2016, and a new record, according to Adobe Analytics. Discounts were a big draw: Orders were discounted by an average of 28%, and 85% of those orders shipped for free, according to Salesforce.

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Idealab

Bill Gross started Idealab in 1996 to create and operate pioneering technology companies. The structure of Idealab has allowed us to test many ideas at once and turn the best of them into companies, attracting the human and financial capital necessary to bring them to market.

OTHER ARTICLES

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Spotlight

Idealab

Bill Gross started Idealab in 1996 to create and operate pioneering technology companies. The structure of Idealab has allowed us to test many ideas at once and turn the best of them into companies, attracting the human and financial capital necessary to bring them to market.

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