WSJ: UPS orders drivers to stop accepting packages from 6 major retailers
Dec 02, 2020 32 secs

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The big picture: Thanksgiving Day online sales reportedly hit a record $5.1 billion this year, while Americans spent $10.8 billion in e-commerce for Cyber Monday — the biggest U.S.

Americans spent $10.8 billion on Cyber Monday this year, making it the largest online shopping day in U.S.

Why it matters: The surge in online shopping comes as the pandemic has accelerated the decline of Black Friday shopping at traditional brick-and-mortar stores, which saw in-store traffic plunge by roughly 50% compared with last year, according to data from RetailNext and Sensormatic Solutions.


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