Sunday, November 28, 2010

Round Two: Cyber Monday!

After a great weekend for retailers, shops are rolling out big deals for 'Cyber Monday.'

The holiday that always lands on the Monday after Thanksgiving gets its name from a retail trade group that promoted the idea that people will return to work after a festive weekend of food and shopping, log on to their computers and continue to shop.

Cyber Monday has become a bigger deal than in years past. In fact, as stores promote their Black Friday ads online, it's harder to tell the difference between Black Friday and Cyber Monday deals. Actually, this year more stores are promoting their Cyber Monday ads all week long because more shoppers are just going online rather than coming in their stores. For example, Walmart.com is promoting 'Cyber Week,' discounts from Sunday through next Friday.

Online spending still is a very small piece of the income pie, between eight and 10 percent. However, with it's recent growth in popularity stores get excited about the enthusiasm surrounding online shopping.

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