As of 10 a.m. Monday, Americans had spent nearly $14 billion online since Thanksgiving Day, when many companies started their Black Friday sales. The company added that Cyber Monday was expected to be the biggest online shopping day in history. “The holiday shopping weekend was extraordinary for online retailers,” Sucharita Mulpuru-Kodali, an analyst for market research firm Forrester, said in an email. “Traffic peaked on Thanksgiving Day, with the site receiving more visits than any other day this year,” JCPenney said in a Friday blog post. Earlier this year, the company said its annual Prime Day in July had surpassed Cyber Monday and Black Friday to become the largest sales day in Amazon history.

Source: Washington Post November 27, 2017 20:39 UTC