---
title: Black Friday, Cyber Monday Still Alive and Well
description: Black Friday, Cyber Monday Still Alive and Well
image: https://connect.regencycenters.com/hubfs/shutterstock_293622848.jpg
---

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# Black Friday, Cyber Monday Still Alive and Well

[Regency Centers](https://connect.regencycenters.com/blog/author/regency-centers)

December 13, 2017

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The results are in. The [National Retail Federation (NRF)](http://www.nrf.com/) recently released its numbers from November’s Black Friday and Cyber Monday. According to the report, three in four Americans shopped Thanksgiving weekend — either online or in person.

Of the 174 million Americans who shopped between Thanksgiving and Cyber Monday, 65 million shoppers bought products both online and in stores, while a little more than half (58%) of consumers shopped exclusively online. With consumer confidence continuing its climb to 17-year highs, Americans are expected to spend about $680 billion this holiday season. This will mark an estimated 4% increase from last year, mirroring last year’s 3.6% growth.

In addition, this year’s Cyber Monday now holds the record for the largest Internet shopping day in history. It logged $6.59 billion in online sales, nearly one-third of which were new smartphone or tablet purchases. Millennials continue to lead the pack in spending with an average shopping bill of $419.52 per person, nearly $100 more than average for shoppers overall. A NRF chief executive, Matthew Shay, remarked that the fundamentals of the economy remain strong, setting up for a “very strong finale to the year.” [Read more here](https://www.washingtonpost.com/news/business/wp/2017/11/28/black-fridays-not-dead-yet-more-than-70-percent-of-americans-shopped-thanksgiving-weekend/?utm_term=.c237db22d945&wpisrc=nl_sb_smartbrief).

 

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