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Online Shopping On Black Friday Tops $1 Billion

In a positive sign for the U.S. economy, shoppers took advantage of deep discounts both online and in stores over the Thanksgiving holiday weekend.

Black Friday online sales topped $1 billion for the first time, according to comScore, which measures online behavior.

Amazon.com was the most-visited retail website on Black Friday. Wal-Mart’s website was second, followed by sites run by Best Buy, Target and Apple, comScore noted.

E-commerce accounts for less than 10 percent of consumer spending in the United States. However, it is growing much faster than bricks-and-mortar retail as shoppers are lured by low prices, convenience, faster shipping and wide selection.

Source: nbc news

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