Cyber Monday Brings Hope for a Rally in Retail Stocks

Cyber Monday Brings Hope for a Rally in Retail Stocks

Additionally, Redcard holders will get another 5% off. Or did you tap out from Black Friday?

With Toys "R" Us out of the picture this year, Target is offering up to 50% off hundreds of toys online. Website outage tracker DownDetector.com also reported that Walmart Inc's website had some problems.

More consumers have shown an increasing preference for buying holiday gifts online, diluting the importance of Black Friday when shoppers had traditionally flocked to stores for the best deals.

We've gone through all the Cyber Monday savings to show you the deals that matter the most.

Save $70 when you buy three Amazon echo dots at Best Buy on Cyber Monday. So without further talk, let's dive into the list of discounts, shall we?

Clothing retailers Gap and Nordstrom were offering the same discounts as on Black Friday.

The much-hyped marketing event is expected to bring in more than $3 billion in online, e-commerce sales volume, above the $2.4 billion logged a year ago, according to Mastercard SpendingPulse that measures total USA retail sales across all payment types.

Shares of Amazon were up as much as 3.2 per cent in early trading, while those of Target rose. Alongside the deals that were originally outlined, we've gotten a number of others, including a Switch bundle with a $35 Eshop gift card for $299 and a free $10 Google Play gift card with Red Dead Redemption 2. "While certain discounts have remained since Black Friday, out-of-stock rates are starting to peak up and shoppers looking for the hottest products should not wait much longer". Total online spending on Wednesday reached $2.4 billion, a whopping 31.8% increase from 2017.

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