Stores Moving Black Friday Deals Online
YAHOO.COM - Thanksgiving Day store openings still get the most attention, but when it comes to Black Friday deals, big retailers like Best Buy Co. Inc. and Target Co. increasingly look to the store that never closes: The Web.
The Wall Street Journal reports on new efforts by retailers who are pushing their holiday-sales deals online. E-commerce accounted for 40% of the $52.4 billion spent during the Black Friday weekend last year, up from 23 percent in 2006. And last year's Cyber Monday was the largest online spending day in history, bringing in more than $1.25 billion, according to comScore.
and Wal-Mart Stores Inc. are offering some of the same discounts online
as in stores. So is Best Buy, which says the deals will help hold onto
customers who might otherwise stray to a rival website. click here to read more
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