Online sales on "Cyber Monday" were up 16% from a year ago, according to Coremetrics' survey of...


Online sales on "Cyber Monday" were up 16% from a year ago, according to Coremetrics' survey of 500 retailers, following on some strong online numbers from Friday. Amazon.com (AMZN) reports electronics, toys and kitchen items are among their top sellers today.
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Comments (4)
  • ETFdesk
    , contributor
    Comments (184) | Send Message
     
    Why Black Friday Data Points To A Grim Holiday Season bit.ly/79i4sK
    30 Nov 2009, 05:38 PM Reply Like
  • Stone Fox Capital
    , contributor
    Comments (9115) | Send Message
     
    How can they report the numbers when Cyber Monday is hardly over? With more people having high speed internet access and deals extending way into the night, I don't see why this number won't go much higher.
    30 Nov 2009, 05:52 PM Reply Like
  • Tomcat101
    , contributor
    Comments (969) | Send Message
     
    Amazon looks ridiculously expensive to me. A great company, yes, but not THAT great. Reminds me of the dot.com bubble days.
    30 Nov 2009, 06:00 PM Reply Like
  • Paul Zimbardo
    , contributor
    Comments (573) | Send Message
     
    A must read article about Black Friday and Cyber Monday myths:

     

    consumerist.com/2009/1...

     

    However, it is a FACT that Cyber Monday has been an accurate indicator of overall holiday season yearly growth (but we all know how useful historical information is...)
    30 Nov 2009, 10:07 PM Reply Like
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