$6 billion in 'Cyber Week' sales sets new record

Online spending during the week ending on December 2nd totalled nearly $6 billion according to comScore, setting a new single-week record. The market research firm on Sunday released its estimates for online spending so far during the holiday shopping season, and it is reporting significant year-on-year increases across the board. Total spending between November 1st and December 2nd is up 15% over 2010 to $18.7 billion and Cyber Week spending also grew 15% to approximately $6 billion. Online shopping on Thanksgiving day grew 18% to $479 million, Black Friday sales online were up 26% to $816 million and Cyber Monday sales grew 22% to $1.3 billion. ”Cyber Monday kicked the week off with a bang... »read more

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