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Record Black Friday Spending and Online Holiday Sales
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Black Friday in Croatia sees record-breaking spending of over 70 million euros, surpassing the previous year's record. Online holiday spending in the first 20 days of November is up 5% compared to the same period last year, setting a record for the number of days when online spending exceeds $3 billion. Adobe predicts that online holiday sales during the November-December period will reach $221.8 billion, a 4.8% increase from last year, with BNPL expected to drive $17 billion in online spending.
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How might the record-breaking Black Friday spending in Croatia impact the country's economy?
What are the potential implications of the growing popularity of BNPL for online holiday sales?
What factors are contributing to the increase in online holiday spending, and how might this affect traditional brick-and-mortar retailers?
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