Article: At $733 Million, Cyber Monday Biggest Yet.(Brief article)

By Staff

Reston, Va. - Consumers spent $733 million online on Nov. 26, up 21% from last year and the highest amount ever for the Monday after Thanksgiving, according to e-commerce research firm comScore.

In a similar pattern to in-store spending on Black Friday, the research group found that while the number of Cyber Monday online buyers was up 38%, the average spent per transaction fell by 12%.

During the Nov. 1-26 period, consumers spent $10.7 billion online, a 17% increase over the same period in 2006, the company said.

Of the four big brick-and-mortar retailers among the Nov. 26 top-10 online retail sites, three - Wal-Mart, Best Buy and Circuit City - saw ...

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