Cyber Monday Slowdown as Consumers Strech Out Shopping
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Cyber Monday sales growth is slowing as consumers embrace the convenience of online shopping, spreading out their purchases instead of being lured by one-day specials.
Internet holiday shopping rose 8.5 percent on Cyber Monday yesterday, typically the busiest day for Web shopping as people return to their desks after the U.S. Thanksgiving holiday weekend. That compares with online sales growth of 20.6 percent posted on the same day a year earlier, according to a report by International Business Machines Corp.