Nothing says “holiday shopping” quite like the four-day weekend from Black Friday to Cyber Monday. According to the National Retail Federation, consumers spent $59.1 billion on 2012 during the busiest shopping weekend of the year. While 10% of shoppers rushed to the stores right after finishing their Thanksgiving dinners, others waited until Cyber Monday, with online shopping peaking at 11:25 a.m. EST. Whether you plan to shop in-store or online, check out this infographic for more fun Cyber Monday and Black Friday statistics.
My Money – Saving & Spending
With the traditional holiday shopping season upon us, some retailers are opening on Thanksgiving Day to kick-start early Black Friday deals, while most stores are sticking to a Friday opening. Online sales during Cyber Monday saw a 30% increase in 2012 – a percentage expected to rise this year, according to IBM Digital Analytics. Here’s a by-the-numbers look at Black Friday and Cyber Monday: