Featured StoryWhile online retailers have celebrated the growth of online shopping, conventional retailers determined not to lose customers have been ramping up their Internet efforts.
Forrester Research Inc. (NYSE: FORR) estimates that online shopping will increase by 15% to $59.5 billion this holiday season. And more Americans said they were planning to shop online yesterday, "Cyber Monday," this year - 122.9 million, according to a survey conducted by
Cyber Monday: The "Online Black Friday" Signals Shift in U.S. Holiday Shopping Trends
U.S. retailers are hoping consumers' growing shift to online shopping will carry Black Friday's spending momentum through this week, which kicked off with Internet-only deals and discounts on yesterday's "Cyber Monday."
The Monday after Thanksgiving in the past few years has evolved into one of the biggest online shopping days of the year. The number of Cyber Monday...
Retailers Report Disappointing Increase in Their In-Store Black Friday Sales, Despite Solid Jump in Online Results
Steep discounts in November and a surge in online purchases meant that retail sales moved only slightly higher on the opening day of the 2010 holiday shopping season - despite a nice increase in the number of shoppers who crowded retail stores.
Retail spending hit $10.69 billion on Black Friday, the traditional start of the holiday shopping season, a 0.3% increase from the $10.66 billion in sales recorded on the day after Thanksgiving last year, reports
Will Cyber Monday Success Set the Tone for the Holiday Season?
E-commerce sales on "Cyber Monday" - the first Monday following the Thanksgiving holiday - climbed to record levels this year, but that success doesn't necessarily mean the holidays will bring more cheer to retailers.
Virtually every retailer with an online presence dressed up its website with special offerings, and many of the bigger ones - RadioShack Corp. (NYSE: RSH), Best Buy Co. (NYSE:...