Evening Briefing: A big online start to the holiday shopping season
Plus the virus surge ahead and three beloved divas. View in browser | nytimes.com Continue reading the main story November 30, 2020 Your Monday Evening Briefing By Victoria Shannon and Judith Levitt Good evening. Here’s the latest. Nathan Howard/Getty Images 1. The holiday shopping season started with a bang. But only online. Consumers spent $9 billion on the web on Friday, a 21.6 percent increase over Black Friday in 2019. The surge in online sales is expected to be outdone today during Cyber Monday, a promotional event that internet retailers concocted in 2005. Physical stores, however, appear to have had more of a “bleak Friday.” A large portion of consumer spending had moved online long before the pandemic, but the global health crisis is accelerating that trend. The holiday shopping season comes at a critical moment for the U.S. economy, which is struggling again as the number of coronavirus cases is soaring amid colder weather. Today, President-elect Joe...