Cyber Monday sales jump 17 percent to over $2B
Source: AP-Excite
By MAE ANDERSON
NEW YORK (AP) Online shoppers set a set a single-day spending record on Cyber Monday, despite deals being stretched out this holiday season.
Online sales Monday jumped 17 percent from last year, totaling nearly $2.04 billion, research firm comScore Inc. said Tuesday. That represents the heaviest online spending day in history and the first to surpass $2 billion in sales, said the firm, which tracks online sales.
Retailers from Target to Amazon have been offering online deals since the beginning of November, and are promising "cyber" deals all week.
Some anticipated the extended period would hurt Cyber Monday sales. And the lackluster start to the holiday shopping season in brick-and-mortar stores also lowered expectations. But shoppers appeared to be eager to go online.
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