Americans are spending freely and going
back to store shopping, knocking out some of
the momentum in online sales from last year
when Americans were making many of their
purchases exclusively via the internet.
Shopper traffic roared back on Black Friday, but
it was still below pre-pandemic levels in part
because retailers spread out big deals starting
in October. The early buying is expected to
also take a bite out of online sales on Monday,
coined Cyber Monday by the National Retail
Federation in 2005.