Company News

Cyber Monday Sales Surge 15%

Online purchases increase to $846 million.

Author Image

By: TOM BRANNA

Editor

Things may be looking up for Holiday 2008. According to comScore Inc., Cyber Monday sales jumped 15% over last year, well ahead of most predictions. Online purchases increased to $846 million, according to industry estimates. Internet revenues had declined 2% earlier in the holiday period, even though transactions continued to grow. But from Black Friday through Cyber Monday, e-commerce sales rose 13% comScore said. “Mark Twain might have said: ‘Rumors of the death of online holiday shoppi...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters