Cyber Monday spending up, surpasses $1 billion
Online retailers rang up more than $1 billion in sales this past Cyber Monday, according to data released yesterday by ComScore.
Adding up to a 16 percent gain in sales over the same day last year, Monday's cybershopping spree was the heaviest online spending day in history, said ComScore, and the first to cross the billion-dollar mark. Overall, the start of the holiday season has brought good cheer to online retailers. More than $13.5 billion was spent online from November 1 to 29, a gain of 13 percent from last year.
The growth in Cyber Monday sales was … Read more