Black Friday and Cyber Monday sales top $7 billion
Written by Black Hot Fire Network on November 30, 2022
Australians spent more than an estimated $7.1 billion across the four-day Black Friday and Cyber Monday shopping event, new NAB transaction data shows.
Spend was up 20% compared with the week prior, with the strongest performer being shoe stores, up 146%. Camera stores were also up 116%, with electronic and clothing stores close behind – both up 65% and 64% respectively.
NAB Executive for Small Business, Ana Marinkovic said this was a clear boost for businesses, with people out and about making the most of the sales available.
“We’re navigating . . .
