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Stock impact report

Small Business Saturday on track to reach $3 billion in online sales for the first time [MarketWatch]

American Express Company (AXP) 
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
Company Research Source: MarketWatch
Small Business Saturday on track to reach $3 billion in online sales for the first time Small Business Saturday was on track to set a new record of $3 billion in online sales as of 10 am Eastern Time, according to Adobe Analytics. The day, which American Express Co. AXP, -0.71% launched in 2010, saw online spend increase 24.3% year-over-year during the early hours, reaching $400 million. Small businesses weren’t left out of the Black Friday shopping spree either. Shopify Inc. SHOP, +1.66% says its small-to-medium sized businesses and direct-to-customer merchants, which totals more than 600,000, tallied $573 million in sales. The company’s merchants were ringing up more than $870,000 in sales per minute during the Black Friday peak. Overall, online sales on Black Friday totaled $6.22 billion, up 23.6% from last year, according to Adobe. And this was the first Black Friday ever to see $2 billion in sales from smartphones. “Even consumers who shopped online made trips to retail sto Show less Read more
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