New York – Click, Tap, Buy: Holiday Shoppers Spent Record Amount Online

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    New York – Shoppers spent a record amount online during the holiday season.

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    That’s according to Adobe Analytics, which reports online shopping during the holiday season reached $108.2 billion, up almost 15 percent from $94.4 billion the year before. The research arm of software maker Adobe says more than a third of online holiday revenue came from purchases made on smartphones or tablets.

    Adobe Analytics says people likely spent more due to low unemployment rates and a strong stock market.

    Last week, the National Retail Federation said in-store and online holiday spending rose 5.5. percent, the strongest gain since the Great Recession.


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