Why Cyber Monday May Soon Be a Thing of the Past

Shoppers beware: The massive discounts and promotions after Thanksgiving and Christmas may soon be history, according to a new retail report. EDITD, a retail analytics provider, says that the upsurge in discounts that follow national holidays is waning, both in the U.S. and the U.K. "It's interesting to note that 'January sales' appear to be a thing of the past," said EDITD in a report that was circulated on Wednesday and led by CEO Geoff Watts.