As online shopping surges, so too does Cyber Monday's riches

<p>More shoppers pick up the phone to shop on Cyber Monday.</p>

News 12 Staff

Nov 26, 2018, 10:28 PM

Updated 2,038 days ago

Share:

By JOSEPH PISANI and ANNE D'INNOCENZIO
AP Retail Writers
NEW YORK (AP) - Like Black Friday, Cyber Monday is spreading out into a week-long shopping fest, with Amazon, Walmart and Target calling it "Cyber Week."
Still, Monday is expected to be the biggest online shopping day in U.S. history, according to Adobe Analytics, which tracks online sales at 80 of the top 100 retail sites.
Other things to know on Cyber Monday:
BIG EXPECTATIONS
Online spending is expected to reach $7.8 billion on Monday, an 18 percent increase from a year ago, according to Adobe Analytics. About 20 percent of the day's spending is expected to happen late Monday, starting at about 10 p.m. Eastern, when shoppers are home from work and rushing to catch some deals before they're gone.
SMARTPHONE SHOPPING
Instead of trekking to the mall, more people are picking up their phones. More than $2 billion in sales are expected to take place through smartphones on Monday, according to Adobe Analytics. On Black Friday, more than $2.1 billion was spent using smartphones, a record number.
Retailers have spent money updating their apps, making it easier for people to browse and pay, says Charlie O'Shea, lead retail analyst at Moody's.
At Macys, for example, mobile sales are expected to hit $1 billion for the first time by year end, said Macy's CEO Jeff Gennette.
AMAZON STILL TOPS
Amazon is expected to dominate - grabbing as much as half of all online sales by the end of the year, according to consulting firm Bain & Co. But that doesn't mean others aren't putting up a fight. Target, for example, is temporarily offering free two-day shipping for the holidays by dropping its usual $35 minimum purchase requirement. Amazon responded by dropping its $25 minimum, but Walmart is still sticking with its $35 requirement.
Kathleen McKenna of Manahawkin, New Jersey, says half of her shopping this holiday season will be online.
Her plans for Cyber Monday: "I'm shopping off of my son's wish list on Amazon," she says.
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


More from News 12
1:17
Bridgeport man shot in head at PT Barnum Complex, in critical condition

Bridgeport man shot in head at PT Barnum Complex, in critical condition

1:38
Partly cloudy and hot in Connecticut; humidity and thunderstorms expected Wednesday

Partly cloudy and hot in Connecticut; humidity and thunderstorms expected Wednesday

2:24
‘Our angels.’ Norwalk homeowners thank good Samaritans and neighbors for helping put out fire

‘Our angels.’ Norwalk homeowners thank good Samaritans and neighbors for helping put out fire

1:46
‘Keep trying and don't give up.’ Bridgeport fire cadets gear up to take CPAT exam

‘Keep trying and don't give up.’ Bridgeport fire cadets gear up to take CPAT exam

2:09
12 at the Capitol: Hearing tackles health care costs, but parents are skeptical

12 at the Capitol: Hearing tackles health care costs, but parents are skeptical

0:44
'Trump for president' flag stolen from the front porch of Bridgeport house

'Trump for president' flag stolen from the front porch of Bridgeport house

0:36
Newman’s Own ‘Pay What You Want’ pizza truck tour stops in Westport

Newman’s Own ‘Pay What You Want’ pizza truck tour stops in Westport

1:44
‘This program gave me changes’: Man embarks on cross-country bike trip to raise funds for Bridgeport nonprofit

‘This program gave me changes’: Man embarks on cross-country bike trip to raise funds for Bridgeport nonprofit

0:38
Accelerator Program held by the University of Bridgeport helps businesses in the city expand

Accelerator Program held by the University of Bridgeport helps businesses in the city expand

0:31
Darien police: Stamford school aide arrested, accused of assaulting 9-year-old boy with autism

Darien police: Stamford school aide arrested, accused of assaulting 9-year-old boy with autism

Missing Connecticut teen found in Montgomery, suspect arrested

Missing Connecticut teen found in Montgomery, suspect arrested

0:27
Summer food benefits delayed for thousands of Connecticut families

Summer food benefits delayed for thousands of Connecticut families

0:39
Report: Connecticut ranks among worst states for summer road trips

Report: Connecticut ranks among worst states for summer road trips

Made in Connecticut: Unger USA celebrates 60 years of cleaning up

Made in Connecticut: Unger USA celebrates 60 years of cleaning up

2:52
Bridgeport teen hit by car returns home after month-long hospitalization

Bridgeport teen hit by car returns home after month-long hospitalization

2:07
Person hospitalized after shooting in Fairfield

Person hospitalized after shooting in Fairfield

2:14
‘Political injustice.’ Bridgeport ballot fraud suspects challenge arrests

‘Political injustice.’ Bridgeport ballot fraud suspects challenge arrests

0:29
Arraignment held for Queens man accused of trying to drown his 2 children in West Haven

Arraignment held for Queens man accused of trying to drown his 2 children in West Haven

0:40
Supreme Court declines to hear appeal on Connecticut religious exemption for childhood vaccines law

Supreme Court declines to hear appeal on Connecticut religious exemption for childhood vaccines law

0:36
Elected officials, advocates mark 2nd anniversary of Dobbs decision overturning Roe v. Wade

Elected officials, advocates mark 2nd anniversary of Dobbs decision overturning Roe v. Wade