Retail Decisions (ReD), a payment processing and card issuing company unveiled today that US online retail spending reached $2.2 billion on Cyber Monday, up 35% from last year. However Black Friday's online sales value was $3.1 billion, up a whopping 52% on 2008.
Also there are contrary numbers available, my observations fit more to this picture. The online deals were better on Black Friday than they were on Cyber Monday.
We have seen much more traffic on Thanksgiving Day and on Black Friday compared to Cyber Monday.
Of course Cyber Monday was better than last year. 2008 was on life support, but this year retailers dedicated the whole month of November to Black Friday sales. Black Friday was the end and the final climax of it.
I am curious to see the final numbers from retailers. Right now we are only seeing reports about the record sales on Black Friday. The Cyber Monday numbers are not in yet.
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