Fox News: Cyber Monday Sales Set to Spike

Cavuto 120213finalMore shoppers are flocking online with cyber monday sales expected to surpass 2012 levels, despite weak in store results from the holiday weekend.  Since Nov 1, shoppers have spent almost $20.6B online (not including cyber monday). That’s a 3% increase from last year.  Increased online sales activity is driven by aggressive web promotions from retailers and increasing consumer confidence in retailer ability to ship gifts in time for Christmas.  Many of the season’s must have gifts include smart phones, tablets and game systems which are often purchased online.  Monica discussed this and more with Fox’s Neil Cavuto.


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