NEW YORK (AP) – This year’s Cyber Monday is retaining its title as the biggest online shopping day of the year.
That’s even though many of the same deals have been available online for weeks.
Adobe Analytics says shoppers are expected to spend a record $9.4 billion for online purchases this Cyber Monday, up about 19% from last year.
Retailers created Cyber Monday in 2005 to get people to shop online at a time when high-speed internet was rare and the iPhone didn’t exist.
