Black Friday Shopping Declines for the First Time

The parking lot of South Coast Plaza is full on the first day the mall reopened, as COVID-related restrictions eased, in Costa Mesa, Calif., on Aug. 31, 2020. John Fredricks/The Epoch Times

Black Friday’s online shopping revenue dropped from $9 billion to $8.9 billion from 2020 to this year, but Cyber Monday was expected to generate $11.3 billion in revenue and become the largest online spending day of the season, according to Adobe Analytics (pdf).

The $9 billion online consumer spending on Black Friday in 2020 marked the second-largest online spending day in U.S. history, only behind Cyber Monday 2020.