Online sales jumped 30 percent on Cyber Monday compared to last year, according to IBM Digital Analytics Benchmark, which tracks more than 1 million e-commerce transactions a day for more than 500 retailers. The increase beats out the 21 percent jump in sales on Black Friday, and the 17 percent increase on Thanksgiving. A growing number of people used mobile devices to make purchases this year. About 18 percent viewed deals on their mobile devices on Monday, and 13 percent bought merchandise by phone or tablet — up from 12 percent and 7 percent, respectively, last year.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why Pakistan won't hunt down the terrorists within its borders
- 43 TV shows to watch in 2014
- Sorry, GOP, tax cuts don't pay for themselves
- Pope Francis' American problem
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- How academia's liberal bias is killing social science
- What would a U.S.-Russia war look like?
- Are there dogs in heaven? Let's hope not.
- Hey, bosses: Stop giving bonuses to your employees
- 10 things you need to know today: December 19, 2014
Subscribe to the Week