Cyber Monday Sales Could Set Records
Retailers are trying to keep the momentum of a busy Black Friday weekend with Cyber Monday deals online.
One retail industry group says this year’s Cyber Monday — the nickname for the Monday after Thanksgiving — could be the biggest online selling day of all time.
Comscore, Inc. says Cyber Monday sales are expected to pass $900 million this year and could reach a billion dollars.
Online sales have never topped that mark on a single day.
Cyber Monday follows a Black Friday weekend that saw higher consumer spending than 2009.
The National Retail Federation says the average shopper this weekend spent $365.
That was up 6.4% from last year.