It was a record-breaking holiday shopping season, with Amazon saying it had its biggest one ever — signaling that the decade-long economic expansion in the United States still has some legs left in it. vyurkevich reports.
Buoyed by sales of tens of millions of its own gadgets, Amazon said its top-sellers this holiday season included the Echo Dot, Fire TV Stick and Echo Show 5. The Alexa-enabled devices have been huge hits for Amazon in the past several years, helping the company capture the largest share of the voice assistant market. People bought stuff Amazon didn't make, too. Third-parties sold way more products on Amazon this year than they did last year.
Still, digital only made up less than 15% of sales, so the much-discussed brick-and-mortar retail apocalypse may have to wait.In its SpendingPulse report, the credit card company noted that a late Thanksgiving essentially took a week out of the holiday shopping season. To make up for that, retailers started offering holiday deals before Thanksgiving, helping boost overall sales.The biggest shopping day of the year dwarfed Black Friday and Cyber MondayLast-minute shopping helped too.
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