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US Thanksgiving weekend, Cyber Monday set new records

The figure is a gain of approximately 17 million shoppers from last year and it beat the organizations' estimate of 166.3 million made before Thanksgiving weekend.

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"It is important to note that while some may claim that retail sales gains are the result of higher prices, they must acknowledge the historic growth in consumers who are shopping in-store and online during the long Thanksgiving holiday weekend and into Cyber Monday. It is consumer demand that is driving growth," NRF President and CEO Matthew Shay said in a statement.