Watch CBS News

'Cyber Monday' Deals To Last Whole Week

LOS ANGELES (AP) — After a weekend of strong online sales, retail websites are rolling out the gimmicks on "Cyber Monday" to draw buyers.

 

 

The sales promotions on the Monday after Thanksgiving got their name from a retail trade group, which promoted the idea that people, upon returning to work, would log onto their computers there and shop.

Podcast

Associated Press Business Correspondent Anne D'Innocenzio Talks About Cyber Monday With KNX 1070

Now it's about the deals online in the way that Black Friday means a shopping frenzy in stores. In fact, as stores promote Black Friday discounts online, it's getting harder to tell the difference between the two as sellers try to grab dollars any way and at any time they can.

IBM's Coremetrics predicts the discounts, free shipping offers and other come-ons will make Cyber Monday the busiest online shopping day of the season.

(© Copyright 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.