Friday, Jul 01, 2016
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Retail

Studies find increase in Cyber Monday traffic

NEW YORK Online sales spiked 15 percent to $846 million on Cyber Monday, Internet research company comScore Inc. reported yesterday.

The day was named in 2005 by the National Retail Federation to describe the surge in online spending from work sites after Thanksgiving.

Meanwhile, Nielsen Online, a service of Nielsen Co., reported a 10 percent increase in Web traffic to online shopping sites on Cyber Monday, fueled by beauty items, toys, and video games.

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