Black Friday and Cyber Monday sales combine for $5.3B in sales online

Dec 2, 2009

Black Friday and Cyber Monday have come and gone leaving in their wake maxed out credit cards and many gifts under Christmas trees around the world. I mentioned earlier this week that Pricegrabber had released the figures for its sales over the important shopping weekend.

Today a company called Retail Decisions has released some information about overall sales during the two big shopping days for the retail industry as a whole. Sales of items on Black Friday and Cyber Monday combined reached an estimated $5.3 billion in online sales.

That number represents an increase o 47% compared to the same period in 2008. The company also listed the most popular product purchased online during the shopping days. The top gadget was a TomTom GPS unit, Kodak digital camera was next, followed by the Nintendo Wii. The business hour for online shopping was from 1300 EST to 1400EST on Cyber Monday with $147 million spent in the hour.

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