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Since 2005, when the concept was invented by Shop.org, Cyber Monday has been the second largest celebration of shopping madness in the U.S., taking place right after Black Friday. In 2012, all records of online spending in a single day were beaten on Cyber Monday, with sales reaching $1.46 billion, according to comScore. In fact, Cyber Monday sales have increased every year since its inception (even in 2009), and Adobe predicts that total online spending on Cyber Monday this year will reach $2.27 billion, surpassing Black Friday online sales by almost 50 percent.
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- Companies:
- Amazon.com
- Staples
- Wal-Mart
- Places:
- U.S.
Jagath Narayan
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