E-tailers Report Strong Black Friday Results

Online retailers such as Buy.com and Ebates.com have reported an increase in Black Friday sales compared to the shopping event in 2008. Buy.com reported that this year’s Black Friday was its best ever, surpassing its Black Friday record set in 2008. The online retailer’s third-party marketplace section saw a 120 percent increase in orders compared to last year.

Ebates.com reported 43 percent more sales compared to 2008. The top stores visited by eBates customers were Wal-Mart, Target, Old Navy, Sears, and Best Buy.

According to EBay, its PayPal division processed 20 percent more transactions on Black Friday 2009 compared to last year. PayPal reported that shoppers on Black Friday made 140 percent mobile transactions compared to an average Friday. Paypal says the official start of the holiday season was November 16, which is when the e-commerce business first saw an increase in transactions.

Shopping channel QVC also reported its highest level of Black Friday sales ever with an increase of 60 percent compared to last year.