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July 24, 2008 11:04:18 PM CDT

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'Cyber Monday' Breaks Records

Posted Nov 28, 07 6:29 AM CST in Technology,  Business 

(Newser) – Online sales on Cyber Monday, the Monday after Thanksgiving, soared 21% over the previous year to a record-breaking $733 million, Marketwatch reports. Some 60% of the purchases were made from work, say comScore analysts; the average dollars spent per buyer decreased 12% from the same day a year earlier.

Cyber Monday is reputed to be biggest day of the year for online sales, when consumers order whatever they couldn’t find in brick-and-mortar stores over the Thanksgiving weekend, but comScore expects single-day sales to break the $800-million mark in the coming weeks. Amazon and Wal-Mart led the pack Monday, while Yahoo’s shopping service was the sixth-biggest seller, despite a technical failure that blocked some sales.

Source MarketWatch

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Online goes 3-D. Brookstone's new 3-D virtual store, powered by Kinset technology, makes shopping online more realistic and interactive than ever. (PRNewsFoto/Brookstone, Inc.)   (Associated Press)
Warehouse of an online retailer.   (KRT Photos)
Online Shoppers Continue Holiday Spending On "Cyber Monday."   (Getty Images)
"Cyber Monday" Closes Long Weekend Of Holiday Shopping.   (Getty Images)
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