Online sales on Black Friday (November 24, 2023) reached nearly $10 billion, according to data from Adobe Analytics: spending rose 7.5% compared to last year’s shopping holiday to reach a record $9.8 billion. Eighty percent of Black Friday online orders used Read more
Online prices in September 2023 fell 4.6% year-over-year, a 41-month low, according to Adobe, which tracks data through its the Adobe Digital Price Index (DPI). It said the decline marked the 13th consecutive month of year-over-year price decreases. The Adobe DPI index Read more
It may feel like everything is more expensive than it was a year ago, but data from Adobe shows there’s a big difference between the cost of essential goods versus nonessential items compared to last year. Overall, the Adobe Digital Read more
Here’s a word you haven’t heard in a while: deflation. But the devil is in the details, and Adobe came supplied with plenty in its Adobe Digital Price Index for the month of July. Sellers dealing with rising costs themselves Read more
Amazon said Prime members purchased over 300 million items worldwide during this week’s 2-day Prime Day 2022 shopping event (held on Tuesday and Wednesday) and saved over $1.7 billion. In a press release issued on Thursday, Amazon called it the Read more
Adobe released data on Thursday showing online prices increased 2% in May year-over-year. That compares to April’s 2.9% increase and March’s record 3.6% increase. But Adobe found significant differences category by category. Online prices for groceries have not eased, rising Read more
Prices rose significantly for the items people buy for daily living, according to the US Bureau of Labor Statistics, which reported numbers on Thursday that showed the largest 12-month change for the period ending January 2022 since 1982. Adobe was Read more
