This holiday shopping season saw a big surge in consumers shopping on mobile. HP's General Manager and Vice President of Americas Channel Stephanie Dismore breaks down the key trends in retail.
Over the Thanksgiving holiday weekend, sales hit record highs of $14 billon, according to Adobe Analytics. Cyber Monday saw a record $6.59 billion in sales, up 17 percent from last year. Dismore says consumer spending on mobile is driving this growth.
On Cyber Monday, there was more than $2 billion worth of sales transacted through mobile devices, according to Adobe Analytics. Dismore says she expects to see strong reports on PCs and printers this holiday season. The key to the future of retail is combining the online and offline experience, says Dismore.
Shares of Tylenol maker Kenvue are bouncing back sharply before the opening bell a day after President Donald Trump promoted unproven and in some cases discredited ties between Tylenol, vaccines and autism. Trump told pregnant women not to use the painkiller around a dozen times during the White House news conference Monday. The drugmaker tumbled 7.5%. Shares have regained most of those losses early Tuesday in premarket trading.
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