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Cyber Monday sales up 17% to nearly $2 billion, exceeding forecast

Cyber Monday

Cyber Monday online sales beat forecasts by nearly half a billion dollars. ComScore on Monday predicted that Cyber Monday would generate $1.5 billion in online sales, but according to Adobe, the shopping day ended up raking in $1.98 billion, which was a 17% increase compared to last year.


Cyber Monday and now #GivingTuesday

With so much consumption going on, giving back can easily be overlooked. The 92nd Street Y in New York hopes to change that with its social media movement #GivingTuesday. #GivingTuesday is not a charity drive to benefit one cause but a call for many organizations and individuals to give to those less fortunate during this time of year, say its organizers. Retailers around the country will host donation drives in stores on Tuesday. Meanwhile, participants with an online presence are soliciting charitable contributions from their social media followers.


Cyber Monday likely to be busiest online sales day

Black Friday is a distant memory. Small Business Saturday is long gone. Now, it's Cyber Monday's turn. Cyber Monday, coined in 2005 by a shopping trade group that noticed a spike in online sales on the Monday after Thanksgiving when people returned to their work computers, is the next in a line of days that stores are counting on to jumpstart the holiday shopping season.


Groupon sells 500 percent more holiday deals

Groupon Inc sold more than 650,000 holiday deals between Black Friday and Cyber Monday, an increase of 500 percent compared with last year, Chief Executive Officer Andrew Mason said in a blog post on Wednesday.


Reports say 'Cyber Monday' top online shopping day

Online shoppers spent record amounts on the Monday after the Thanksgiving holiday weekend, making it the biggest online shopping day in history.


Big sales jump for 'Cyber Monday'

Cyber Monday Sales

After years of being more hype than highlight, Cyber Monday appears on its way to its biggest outing ever. Last year, the Monday after Thanksgiving saw an estimated $1 billion spent online in the United States, making it the biggest e-sales day ever. And analysts said Monday that this year's "holiday" -- the online answer to the annual Black Friday bargain rush on stores -- is on pace to be bigger still.


Shoppers snap up Cyber Monday deals

Cyber Monday Deals 2011

Shoppers seem to be just as enthusiastic about shopping on their computers and smartphones on Cyber Monday as they were about finding deals over the weekend. Online sales on Cyber Monday, which was started in 2005 by a retail trade group to encourage Americans to shop online on the Monday after Thanksgiving, were up mid-afternoon by 15 percent from a year ago, according to data from IBM Benchmark. Meanwhile, sales from mobile devices were up 7.4 percent. The group did not give dollar amounts.


Feds seize 150 websites in counterfeit crackdown

Federal authorities have shut down 150 websites accused of selling knock-off or pirated merchandise to unsuspecting online bargain hunters. Immigration and Customs Enforcement Director John Morton and Assistant Attorney General Lanny A. Breuer announced the results of the ICE and FBI three-month investigation on "Cyber Monday," the day that for many shoppers kicks off the online holiday shopping season.


Cyber Monday sales top $1 billion for first time

Cyber Monday sales top $1 billion for first time

Americans jumped on deals and promotions offered online on Cyber Monday, spending $1 billion and making it the busiest online shopping day ever, according to new data.


'Cyber Monday' Sales Strong

Online retailers experienced a sales surge Monday, capping off a holiday shopping week in which more Americans than ever decided to skip the mall. Early estimates indicated overall sales gains of between 15% and 21% for "Cyber Monday," compared to a year earlier.


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