Cyber Monday Poised to Break Record After Black Friday Online Sales Hit New Highs

A customer loads his shopping cart during the Black Friday sales event on Thanksgiving Day at Target in Chicago, Illinois, on Nov. 24, 2016. Kamil Krzaczynski - S1AEUOTVCAAA/File Photo/Reuters

Analysts at Adobe predict that Cyber Monday sales will hit $9.4 billion by close of business on Dec 2., setting a new online shopping record in the United States.

This comes as Black Friday was on track to hit $7.4 billion in online sales—19 percent higher than last year, based on early data compiled by Adobe.