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Cyber Monday sales top $3bn

IBM (IBM, Tech30), which also tracks e-commerce sales, said spending was up 17.8% from Cyber Monday 2014, and more customers than ever opted to browse deals on their mobile devices.

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Sales on Cyber Monday, customarily the busiest day of the year for web shopping, were relied upon to complete up 12% from a year prior at $2.98 billion, as per Adobe Digital Index, a portion of Adobe Systems Inc, which gives computerized showcasing and media services to vendors.

Research firm comScore said shopping by phone, tablet, laptop or tablet jumped 21 percent to $3.11 billion Monday. Amazon was one of the strongest performers.Experian-IMRG predicted £943 million will be spent online during Cyber Monday, 31% higher than the £720 million spent previous year. Best Buy came in second place, although its 8.23 percent of total online revenue fell well short of Amazon’s.

Continuing on with their latest press release, Adobe’s findings are based on the analysis of aggregated and anonymous data of more than 400 million visits to 4,500 retail websites on Cyber Monday. Online shopping has become mainstream, and just about every retailer offers some sort of Cyber Monday incentive to draw shoppers in, from free shipping to deep discounts. But it looks like not only did online steal the shopping-show over the weekend, it also stole family dinners.

The National Retail Federation estimates overall sales for November and December will rise 3.7 percent to $630.5 billion compared with a year ago. That’s up from the 9 percent pace seen throughout the year. Now, even with broadband access, Cyber Monday continues to be a day when retailers pull out big promotions.

Star Wars toys were among the items most frequently out of stock, Adobe said.

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Some of the most popular items on weekend shopping lists included televisions from Samsung Electronics Co., Sony Corp. and LG Electronics Inc., as well as the Apple Watch and Beats by Dre headphones, according to IBM’s Watson Trend app. Other popular choices are hoverboards, Nike Inc. running shoes, Activision Blizzard Inc.’s Skylanders video-game series and Star Wars R2-D2 droids.

A shopper looks at a sales flier during Black Friday Shopping at a Target store in Chicago Illinois United States November 27, 2015. REUTERS  Jim Young