US opens holiday sales with 30% Cyber Monday gain
US online shoppers clicked their way to a new record for "Cyber Monday," boosting sales by 30.3 percent for the traditional start for Internet holiday shopping, a survey showed Tuesday.
US online shoppers clicked their way to a new record for "Cyber Monday," boosting sales by 30.3 percent for the traditional start for Internet holiday shopping, a survey showed Tuesday.
Amazon said Tuesday that sales of its Kindle tablets and e-readers have more than doubled over the key weekend launching the holiday season, but provided no specific sales figures.
US and European authorities said Monday they seized 132 websites in a transatlantic law enforcement crackdown on online sellers of counterfeit merchandise.
A year ago this Black Friday weekend, Bridget Collins and Chris Moss got great deals on gifts for their children at BestBuy.com. The products never showed up.
Americans clicked away on their computers and smartphones for deals on Cyber Monday, which is expected to be the biggest online shopping day in history.
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US consumers turned in record levels to the Internet for holiday shopping this year, further boosting online sellers' share of the huge national retail pie.
As gift-buying frenzy mounts in the days before Christmas, US retailers are exporting the country's shopping culture along with once hard-to-get goods to locales around the world.
When it comes to the holiday shopping season, online purchases have not only earned a seat at the adult's table but are increasingly eating all the food.
US online shopping rose 15 percent from November 1 to December 9 compared to the same period last year, according to industry tracker comScore.
American consumers spent more than a billion dollars a day last week during a three-day online sales period, which started with "Cyber Monday," a monitoring firm reported.
US online shopping hit a record high on Cyber Monday with people racking up $1.25 billion worth of purchases on the Internet, according to comScore.