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Cyber Monday Sales May Top Black Friday's $1-Billion Online Spending

November 26, 2012

For the first time, online spending topped $1 billion on Friday, but today's Cyber Monday sales are expected to generate $1.5 billion and possibly more, according to a report.

Online retail spending on Black Friday was up 26% from last year, with 57.3 million Americans visiting an online retail site, according to comScore, an analysis firm. That number was up 18% from 2011, and not surprisingly, the shopping site with the most visitors was Amazon.com.

Overall, holiday shopping online is faring better than it did a year ago.

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