Cyber Monday Kicks Off the On-line Holiday Shopping Season for Retailers


Black Friday, the first shopping day after Thanksgiving appears to have been a major success for retailers. Reports show that sales on Friday and Saturday combined rose 7.2 percent to $16.4 billion from the same two-day period a year ago. Now comes Cyber Monday. Are you planning on buying on-line? Maybe you have already started.

Retailers are hoping last week’s strong start to the holiday shopping season at malls and stores translates into a busy buying season online, which officially begins Monday.

The Monday after Thanksgiving, tagged “Cyber Monday” by the National Retail Federation, marks the first big online shopping surge for many merchants as consumers return to their work computers.

Posted November 26, 2007 by
Business, Economy, Technology | no comments

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