'Blue Monday' Kicks Off Online Shopping Season
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Though U.S. consumers spent the weekend setting records at brick-and-mortar stores for Black Friday, they returned to work on Monday to set "Blue Monday" shopping records online.
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Online retail sales from Nov. 1 through Friday were up 25% over 2005, says Internet market research firm ComScore Networks. ComScore says last Wednesday was likely the biggest online shopping day of the year and, with nearly $670 million in sales, topped last year's No. 1 day by over $100 million.
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It's shaping up to be a very  merry holiday season for online retailers.
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Online shopping traffic certainly increased on Monday over the previous Friday, according to sources directly involved in generating that traffic, though surveys show shoppers may not be spenders.
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By Mark Albright, St. Petersburg Times, Fla.  Feb. 14--EASY ONLINE SHOPPING? YEAH, RIGHT: A recent gathering of the  nation's top online shopping executives provided a heartening confirmation.
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Computer-savvy consumers did plenty of online shopping over the Thanksgiving weekend, giving companies like Amazon.com and walmart.com the same kickoff to the holiday season as department stores and malls had.
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E-tailers have laggards and penny-pinchers to thank for last week&#39;s brisk sales, which grew 25 percent over the comparable period last year, according to comScore.Procrastinators and deal-seekers helped create a &quot;flurry&quot; of online spending last week in the U.S., keeping retail e-sales strong, comScore said Sunday.Between Nov. 1 and Dec. 21 -- the first 51 days of the holiday season -- U.S. shoppers have spent $26.3 billion online, up 19 percent compared with the corresponding period last year.So far, the heaviest online shopping day this season was Dec. 10, the so-called &quot;Green Monday,&quot; a term coined by eBay for the second Monday in December, which the vendor has identified as particularly heavy e-sales day. U.S. shoppers spent $881 million that day, up 33 percent from the corresponding day in 2006.By contrast, Cyber Monday, the first workday after the Thanksgiving holiday in the U.S., ranks as this holiday season&#39;s ninth heaviest online shopping day, with $733 million in sales. Cyber Monday is considered the day when holiday online shopping kicks into high gear.Overall, comScore expects this year&#39;s holiday season to generate about $29.5 billion in online spending, which would represent a 20 percent increase from the same period in 2006.
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Caveats to keep in mind while holiday shopping online.
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Bargain-hungry shoppers raced to malls as early as midnight to be the first in line to grab the best of retailers' so-called "doorbuster deals" on Black Friday, the kickoff of the 2006 holiday shopping season.
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Shopping around shopping guides shows a new level of sophistication to buying online, a report suggests.
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Many online merchants this year will still sell goods with standard shipping terms through Monday, Dec. 18, or Tuesday, Dec. 19, a boon for late holiday shoppers.
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After jamming malls on Friday for discounted flat-screen TVs and toys, shoppers logged into their computers at work yesterday as retailers ushered in the start of the online shopping season with bargains and marketing hype.
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Last-minute shoppers flocked to the Internet, leading online retail sales to surpass estimates for the holiday season.
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By Andria Cheng  U.S. retailers like Wal-Mart Stores and Federated Department Stores are pushing Internet sales this holiday season with Web site overhauls and increased investment - and for good reason.
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Spending by Americans shopping online during this year&#39;s holiday season rose 24 percent to $8.8 billion, with sharp gains in purchases of clothing and entertainment, Web company VeriSign Inc.
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Seasons greetings are near, but so far there's little cheer for U.S. retailers wishing for "must-have" apparel items to land on holiday shopping lists.
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Cyber Monday may be a joke, but when it comes to the Web, so is Black Friday.