Amazon, Wal-Mart Shift From Deal-Seekers to Procrastinators
- Cyber Monday spending jumps 17% to a record $6.59 billion
- By the end of holiday season, fast delivery trumps low prices
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Cyber Monday sales reached $6.59 billion, fueled by deals on toys, video-game consoles and televisions, making it the biggest U.S. online spending day ever.
E-commerce spending increased 17 percent on Monday, capping the biggest five-day period of the holiday shopping season that began on Thanksgiving, Adobe Systems Inc. reported.