![]() ![]() “Online sales on big shopping days like Thanksgiving and Black Friday are decreasing for the first time in history, and it is beginning to smooth out the shape of the overall season,” says Taylor Schreiner, Director, Adobe Digital Insights. Black Friday and Thanksgiving Day sales were slightly off in 2021 compared to 2020, according to Adobe. That’s where the “cyber” comes from in Cyber Monday.Īnd why wouldn’t Costco take part? Experts are forecasting today to be the biggest online shopping day of the year, with shoppers online spending between $10.2 billion and $11.3 billion, up from last year’s pandemic-fueled spend of $10.8 billion, according to the Adobe Digital Economy Index.Ĭyber Monday may be the much-needed fuel for retailers, including Costco. Those bargains extend to Cyber Monday, a shopping holiday of sorts that focuses on online shopping and mostly on electronics and related goods. SEE MORE 25 Best Kirkland Products You Should Buy at Costco.The retailer has been chock full of holiday bargains that have apparently not been in short supply, perhaps thanks to the cargo ships it hired to carry its goods exclusively. Costco’s strategy to circumvent problems caused by the supply chain meltdown at the nation’s busiest shipping ports apparently is paying off this holiday shopping season.
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