-
Cyber Monday beats Black Friday
So you thought Black Friday was big. Consider it just the start of Cyber Monday. Yeah there were lines in stores. But consider this: An estimated 40 percent of all retail transactions from Black Friday to Cyber Monday are come from smartphones and tablets. On Thanksgiving Day alone, online sales rose an estimated 27% this year to hit $1.33 billion, in large part thanks to the earlier store openings and better co-ordination of e-commerce with store activity by retailers. By Black Friday itself, online sales over the two days reached $3.73 billion. The online surge actually started the day after Thanksgiving. Between Nov. 1 and Nov. 28, $32 billion has…