Holiday shoppers turned so-called "Cyber Monday" into one of the biggest spending days ever, according to a new report released Tuesday.Research from the IBM Digital Analytics Benchmark show online purchases grew 30.3 percent compared to the same time in 2011.“Cyber Monday was not on
IBM Benchmark is reporting Cyber Monday sales are up Monday afternoon by 20 percent compared to a year ago. Department store online sales have gone up 39 percent compared to last Cyber Monday.Andrew Lipsman is the vice president of marketing at the online research firm ComScore."
Retail stores are pushing online shopping Monday for what's referred to as Cyber Monday. Some major retail outlets like Wal-Mart and Target have eliminated shipping charges for purchases.R.J. Hottovy is an analyst at Morningstar.