- Cyber Monday Internet sales climbed 16% from last year to a record $2.29B, Adobe estimates, with Internet transactions for the five-day Thanksgiving shopping period jumping 26% to $7.4B.
- Sales from mobile devices soared 80% yesterday and accounted for 18.3% of the total.
- "This is the first holiday season where mobile is absolutely having its mark on overall retail sales, whether that's from a smartphone or a tablet," says JMP Securities analyst Ron Josey
- The National Retail Federation expects Internet transactions to grow 15% to $82B this holiday season, much faster than the 3.9% increase that the NRF projects for total sales.
- More on Thanksgiving and Black Friday sales.
- Stocks: AMZN, EBAY, WMT, BBY, TGT, JCP, M, FDO, DG, DLTR, FIVE, SHLD, BIG, GME, COH, GPS, LULU, ANN, EXPR, URBN, COH
- ETFs: XLP, XLY, VDC, XRT, VCR, RTH, PBJ, RETL, PEJ, IYK, FXG, IYC, SCC, FXD, RHS, UCC, PMR, UGE, RCD, PSL, PSCC, SZK, FDIS, FSTA, PSCD, PEZ
Mobile takes large share as Cyber Monday sales jump 16%
From other sites
at CNBC.com (Wed, 11:26AM)
at Zacks.com (Wed, 10:36AM)
at MarketWatch.com (Wed, 7:15AM)
The Zacks Analyst Blog Highlights: Amazon.com, Groupon, PetMed Express and Autohome - Press Releasesat Zacks.com (Tue, 9:30AM)
at CNBC.com (Tue, 8:29AM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs