Cyber Monday Sales Hit $733 Million
November 28th, 2007
by
Brett Bumeter
by
Brett Bumeter
Cyber Monday sales hit $733 million on this year according to market research. That was over a 20% increase in sales from last year. A large part of that growth related to sales that took place with big-box online stores such as Wal-Mart, Target, and of course Amazon.com.
Black Friday sales may be decreasing, but those sales are likely to be shifting from the big-box stores themselves to the big-box stores websites. Meanwhile, all those small websites that helped pave the way for the seasonal title with a sales to hit this year when Yahoo’s online services failed small retailers.
Yahoo! Disruption
Yahoo! Inc. computers that run Web sites for small businesses were disrupted because of heavy holiday traffic, the company said yesterday.
