Cyber Monday, the online equivalent to Black Friday, is expected to rake in another record sales figure. Last year, sales on the biggest online shopping day exceeded $1 billion for the first time. This year, sales are expected to hit $1.2 billion. About 78 percent of online retailers are offering promotions. Black Friday sales already set records this year, pulling in $52.4 billion. Of that total, shoppers spent $816 million online, 26 percent more than last year.
Read it at L.A. Times
