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Amazon, Walmart Shift From Deal-Seekers To Procrastinators

Published on Nov 29 2017 1:30 PM in Technology tagged: Online Shopping / Walmart / Amazon / Cyber Monday

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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