Intrasoft Technologies’ arm reports record sales for Black Friday & Cyber Monday

02 Dec 2015

123Stores, an e-commerce subsidiary of Intrasoft Technologies has reported record sales over the long holiday weekend from Thanksgiving Day through Cyber Monday of over $4.4 million, a 122% percent increase over last year. Holiday shopping started early this year as a large number of Black Friday promotions were available from the day of Thanksgiving itself. Accordingly, Thanksgiving sales were up 144% whereas Black Friday sales were up 124%.

Cyber Monday broke all records with the highest sales & units ordered in a single day. Cyber Monday sales were up 120% Y-o-Y. The highest growing categories were Home & Garden, Electronics and Toys & Games. 123Stores sold more than 85,000 units during the 5 day period, as compared to approx. 32,000 units last year, a growth of 160% Y-o-Y.

Amongst the Company's Marketplace Channel Partners, the Amazon Marketplace, the Ebay Sales Channel, the Sears Marketplace & the Bestbuy Marketplace saw impressive gains. The Newegg Marketplace witnessed the highest growth and Jet.com, our latest Marketplace partner, saw a great start.

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