IBISWorld Forecasts Cyber Monday Sales To Increase 12.4 Percent
Black Friday will only see marginal growth as consumers continue to move away from brick-and-mortar shoppingCyber Monday will bring the holiday cheer this retail season, increasing 12.4 percent to $1.2 billion, according to industry market research firm IBISWorld. As consumer confidence slowly returns, the company expects Thanksgiving and Cyber Monday sales to see large increases in 2011, while Black Friday will only see marginal growth as consumers continue to move away from brick-and-mortar shopping. Thanksgiving In 2011,