NEW YORK (AP) — Shoppers scoured for deals online on Cyber Monday, delivering strong sales for retailers and capping a five-day spending spree that kicked off on Thanksgiving.
Adobe Analytics reported that as of 6:30 p.m. EST Monday, US consumers had already spent $9.1 billion online for Cyber Monday, up 4.5 percent from the same day a year ago.
Adobe expects that when the final tally is in, consumers will spend between $13.9 billion and $14.2 billion for the day, making Cyber Monday the biggest online shopping day of the year— and setting records for that day.
Online spending is expected to peak between 8 p.m. and 10 p.m. local time, with $16 million to pass through online shopping carts every minute nationwide, Adobe said
Electronics and apparel are l
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