Retailers ready for big Cyber Monday after record Black Friday sales

More than 72 million people are expected to shop during Cyber Monday, according to the National Retail Federation. Retailers already got a major bump from Black Friday spending. Consumers spent a record $10.8 billion online on Friday, according to Adobe Analytics. That's up more than 10% from last year. More than one in four shoppers say they plan to take on some debt during the holidays — either by carrying a credit card balance or using a buy now, pay later service, according to Bankrate. American credit card debt hit a record $1.17 trillion in the third quarter of this year. ------------------------------------- Join our newsletter at https://bit.ly/2q1tepr Follow us on Facebook: https://www.facebook.com/scrippsnews/ Follow us on Twitter: https://www.twitter.com/scrippsnews Follow us on Instagram: https://www.instagram.com/scrippsnews/ Follow us on TikTok: https://www.tiktok.com/@scrippsnews