comScore: Cyber Sales Surged on Monday
November 28, 2012,
RESTON, Va.-Online sales on Cyber Monday totaled $1.465 billion, up 17 percent versus year ago, representing the heaviest online spending day in history and the second day this season--in addition to Black Friday--to surpass $1 billion in sales, according to a report released today by comScore, a company that tracks digital spending.
According to comScore, for the holiday season-to-date (Nov. 3-28), $16.4 billion has been spent online, marking a 16 percent increase versus the corresponding days last year.
"Despite some news reports suggesting that Cyber Monday might be declining in importance, the day has once again set an online spending record at nearly $1.5 billion," said comScore Chairman Gian Fulgoni. "However, it is also clear that the holiday promotional period has begun even earlier this year, with strong online sales occurring on Thanksgiving Day and Black Friday. Now, we shall see the extent to which continuing and attractive retailer promotions are able to boost sales for the remainder of the week."
Other Articles By Author
HFN Launches Interactive Idea Book
HFN's DIGITAL EDITION
COVER STORY: HFN Turns 90
We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.
ALSO IN THIS ISSUE:
- Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
- Omnichannel Retailing - In the Mobile App World, Time is Money