U.S. Online Sales on Cyber Monday Climbed 16%, ComScore Says
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U.S. online sales rose 16 percent on Cyber Monday, topping $1 billion for the first time, spurred by free shipping deals and discounted prices, ComScore Inc. said.
Sales reached $1.03 billion, Gian Fulgoni, chairman of Reston, Virginia-based ComScore, said today in an interview on Bloomberg Television. Cyber Monday -- the day U.S. consumers return to work after Thanksgiving weekend and shop online from the office -- gives an early indication of holiday spending.