Mt. Vernon Register-News

Top News

December 4, 2013

Cyber Monday sales reach record as shoppers snub stores for Web

SAN FRANCISCO — Online shopping surged about 20 percent to a record on Cyber Monday as many consumers snubbed physical stores and took to the Web to buy holiday gifts.

Including shopping on personal computers and mobile devices, Internet retail sales on the Monday after Thanksgiving rose to almost $2 billion, according to researcher ComScore Inc. That made it the heaviest Web-spending day ever for the fourth straight year. More than $23.9 billion has been spent on the Web through PCs alone since Nov. 1, an 8.4 percent gain from the same period in 2012, the company said Tuesday in a statement.

Cyber Monday marked a bright spot in a holiday shopping season that so far has lacked luster, including the first spending decline for a Black Friday weekend since 2009. While e- commerce is projected to make up only about 14 percent of total retail sales in November and December, companies such as Amazon.com Inc. and EBay Inc. are luring customers with the promise of daily deals, fast shipping and the ease of leaving the minivan in the driveway. They're also catering to consumers who are browsing products from tablets and smartphones.

"The discounts are strong, and Amazon has gained share as it typically does," ComScore Chairman Gian Fulgoni said in an interview on CNBC. "Their growth rates are well ahead of the overall market."

Businesses across the retail industry showed increased sales on Cyber Monday. Visa Inc., the world's biggest bank-card network, said U.S. cardholders spent $7.8 billion from Thanksgiving through Dec. 2, a 30 percent increase from a year earlier. On Cyber Monday, Visa customers spent $2.6 billion, up 28 percent and the most of any day during the five-day span.

Wal-Mart Stores Inc., the world's largest retailer, said Dec. 2 was its biggest-ever online spending day, and that Thanksgiving to Cyber Monday marked the company's highest five- day Web sales period to date. Top-selling items on Cyber Monday included an LG Electronics Inc. 50-inch television, Apple Inc.'s iPad 2 and a Fisher-Price Power Wheels truck.

Text Only
Top News
  • Ice bucket challenge trending up

    Internet trends are a dime a dozen these days. Everything from Tebowing to planking to the cinnamon challenge can cause a wave of social media activity that can last for weeks before fizzling out.

    August 19, 2014

  • Pathologist: Brown may have had his hands raised

    FERGUSON, Mo. (AP) — An unarmed 18-year-old whose fatal shooting by police has sparked a week of protests in suburban St. Louis suffered a bullet wound to his right arm that may indicate his hands were up or his back was turned, a pathologist hired by his family said Monday.

    August 18, 2014

  • Police identify officer, allege teen robbed store

    FERGUSON, Mo. (AP) — Police on Friday identified the officer who fatally shot an unarmed black teenager and released documents alleging the young man had been suspected of stealing a $48.99 box of cigars from a convenience store in a "strong-arm" robbery shortly before he was killed.

    August 15, 2014

  • A night in Ferguson

    For the past week in Ferguson, reporters have been using the McDonald's a few blocks from the scene of Michael Brown's shooting as a staging area. Demonstrations have blown up each night nearby.

    August 14, 2014

  • congressionaldemographics.jpg Most Republican House districts are majority-white

    Significant numbers of conservatives, and white Americans in general, admit to feeling discomfort at the prospect of a non-majority white America. These views are even stronger among Tea Party-aligned conservatives.

    August 13, 2014 1 Photo

  • unrest.jpg Why the Ferguson police-shooting riots had little to do with Ferguson

    Riots and vandalism broke out in the St. Louis suburb of Ferguson. An 18-year-old black man named Michael Brown was fatally shot by police there. Brown was unarmed. It's still unclear why tensions boiled over.

    August 12, 2014 1 Photo

  • Robin Williams, manic comedy star, dead at 63

    SAN FRANCISCO (AP) — Robin Williams, the Academy Award winner and comic supernova whose explosions of pop culture riffs and impressions dazzled audiences for decades and made him a gleamy-eyed laureate for the Information Age, died Monday in an apparent suicide. He was 63.

    August 11, 2014

  • Walmart.jpg Welcome to Wal-Mart, the doctor will see you now

    As its retail business matures into slower growth, Wal-Mart Stores wants to disrupt another mass market: health care.

    August 8, 2014 1 Photo

  • California drought.jpg Tattletales turn to Twitter to shame water wasters

    California's record drought has unleashed a flood of social-media tattletales. Vigilantes armed with cameraphones prowl neighborhoods from San Diego to San Francisco documenting sprinklers running freely, runoff flowing from saturated lawns and other water-wasters.

    August 7, 2014 1 Photo

  • 20140805-AMX-HEALTH-PREGNANT52.jpg For some, pregnancy is heavy-duty work

    A growing number of cases shows that, despite a long history of pregnant women working and a 1978 law to prohibit pregnancy discrimination, workplaces, courts and doctors still disagree on some pretty fundamental questions: What can expectant workers safely handle, particularly in physically demanding jobs?

    August 6, 2014 1 Photo