US shoppers drive solid Cyber Monday sales-reports

Consumers heeded the call of online retailers on Cyber Monday, ringing up double-digit sales growth on that key e-commerce holiday shopping day, according to data released on Tuesday.

At least three companies reported surging sales on Monday, exceeding expectations in a consumer environment still tempered by high unemployment and worries over the economy.

Online same-store sales, which measure Web retailers active for more than a year, rose 36 percent from the prior year, according to ChannelAdvisor, which helps retailers maximize Web selling.

Read Full Article from Reuters

- Posted: 2010-11-30 13:16:44

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