Online shopping has grown sharply so far this holiday shopping season after U.S. retailers pushed out a slew of mobile and Internet deals that lured consumers before Cyber Monday, traditionally the biggest day for e-commerce in America. In Canada, it was a copycat event as shoppers stormed various mall and crowded cyber sapce for top deals. this signs the beginning of an year end season spending spree which which will see credit card swiping and keying increase.
While it remains to be seen if the gains on the american Thanksgiving Day and Black Friday can be sustained, across the border the latest estimates show shoppers scooping up early special offers via their smart phones and tablets, the way they used to hunt for bargains in brick-and-mortar stores.
Online sales increased 17.4 percent on Thanksgiving and 20.7 percent on Black Friday, compared with 2011, according to IBM Smarter Commerce, a unit of International Business Machines Corp that analyzes transactions from 500 U.S. retailers.
Black Friday, the day after Thanksgiving, had traditionally been the kickoff to the holiday season for stores. This year, retailers such as Walmart and Target (Berlin: DYH.BE - news) made their biggest push ever with special offers during the holiday itself.
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