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Still looking for deals on holiday gifts? Retailers are offering discounts on Cyber Monday

By HALELUYA HADERO
AP Business Writer

Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday. Even though e-commerce is now part and parcel of our everyday lives, Cyber Monday – a term coined back in 2005 by the National Retail Federation – continues to be the biggest online shopping day of the year. For several major retailers, the “Cyber Monday” sale is a days-long event that began over the weekend. Consumer spending for Cyber Week – the five major shopping days between Thanksgiving and Cyber Monday – provides a strong indication on how much shoppers are willing to spend during the holiday season.

Article Topic Follows: AP National

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