Black Friday – Cyber Monday: Top Latest News of November 30, 2011

IT NewsBlack Friday, Cyber Monday Online Deals Hurt State Budgets
Source: U.S. News & World Report

By Danielle Kurtzleben When the final receipts are tabulated, consumers are expected to have spent a record $1.2 billion on Cyber Monday. And, say some groups and lawmakers, state budgets will have missed out on large sums of tax dollars to which they … See More »

  • Retail ETFs Boosted by Black Friday, Cyber Monday Sales

Source: ETF Trends

Exchange traded funds tracking the retail sector are rising this week on brisk sales on Black Friday and Cyber Monday. “This is the largest year-over-year gain…for Black Friday since the 8.3% increase we saw between 2007 and 2006,” Bill Martin for … See More »

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  • Black Friday, Cyber Monday Great for Retailers; Record-Store Day Items Drive …


By Ed Christman, New York While music merchants say that they too, like retail in general, experienced a strong sales for the Black Friday weekend, some of them acknowledge that music wasn’t leading the charge. “We had a great weekend,” says one chain … See More »

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  • Patagonia Tells Customers ‘Don’t Buy This Jacket’ in Unconventional Black …

Source: International Business Times

“Don’t buy this jacket,” Patagonia’s Black Friday and Cyber Monday ad reads. The company took out a full-page ad in The New York Times on Friday and sent an email to about 750000 subscribers Monday with the ad embedded. In the ad, Patagonia features … See More »

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  • 5 Retail Kings To Buy Post-Black Friday, Cyber Monday

Source: Seeking Alpha

By Larry Gellar As reported by Reuters, a variety of retailers offered their lowest prices ever on this year’s Black Friday and Cyber Monday. That has many investors worried about the bottom line, as margins could be lower than usually are. … See More »

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  • Cyber Monday is a key change from Black Friday: holiday shopping

Source: The Jersey Journal –

After Black Friday 2011 raked in $52.4 billion in sales nationwide, all the focus shifted yesterday to the tapping keyboards of Cyber Monday. As of 6 pm yesterday, the day’s online shopping was 15 percent above last year’s $1 billion mark. … See More »

  • Black Friday And Cyber Monday See’s Record Electronics Sales In US

Source: Gadget Helpline (blog)

Black Friday and Cyber Monday saw a large surge in sales for many electronics firms, with Sony and Microsoft stating they saw a “big rise” in sales in the US during the traditional thanksgiving holiday. Microsoft had a record week of sales for its Xbox … See More »

  • “Cyber Five” Culminates in Strong Cyber Monday; Cyber Monday Sales Grow by 25 …

Source: MarketWatch (press release)

ChannelAdvisor customer ReCellular sells refurbished mobile devices on multiple channels and experienced dramatic growth on Amazon during the Cyber Five, increasing sales by close to 170 percent on Black Friday alone. The company’s transition to … See More »

  • NPD Releases Cyber Monday Results

Source: (press release)

The growth in Cyber Monday results comes from the greater numbers of people shopping online this year rather than spending more this year according to The NPD Group Inc.’s Anatomy of Black Friday and Cyber Monday 2011 study. This year almost 28 percent … See More »

  • The Final Tally From IBM: Cyber Monday Online Spending Up 30 Percent From Last …

Source: TechCrunch

Additionally, mobile sales were up as well, reaching 6.6 percent on Cyber Monday versus 2.3 percent in 2010. Interestingly, more people flocked to mobile devices to shop on Black Friday than Cyber Monday. On Cyber Monday mobile traffic averaged 10.8 … See More »

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