Amazon, Walmart Shift From Deal-Seekers To Procrastinators
Cyber Monday sales reached $6.59 billion, fuelled by deals on toys, video-game consoles and televisions, making it the biggest US online spending day ever.
E-commerce spending increased 17% on Monday, capping the biggest five-day period of the holiday shopping season that began on Thanksgiving, Adobe Systems Inc. reported.
Now, after winning the bargain-hunters lured by low prices to buy early, retailers are shifting their strategy to woo the procrastinators - shoppers who wait until the last minute and just want to know their gifts will arrive in time.
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