cyber monday continue
Cyber Monday Continues To Dominate The Holiday Shopping Season
The price for video game consoles actually went up by about 0.5 percent between Black Friday and Cyber Monday, according to Adobe. But tablets, televisions, toys and pet care supplies all saw price drops of between 12 and 21.5 percent. Monday's sales represent a 12.1 percent increase over last year's figures, surpassing expectations. Ebay beat out Amazon for the top-selling retailer of the day, followed by Macy's, Walmart, H&M, Target, Nordstrom, Kohl's, Home Depot and Gap. Liza Landsman, chief marketing officer at Jet.com, an online retailer acquired by Walmart earlier this year, believes the November election can help explain the spike in sales. "The U.S. election dominated the news cycle and the time people spent online, and a lot of what we are seeing online is a condensing of that demand into a shorter time period," she told Reuters.