It's the biggest day for the world's biggest online retailer, and Amazon hopes Cyber Monday could give it a big boost. Customers ordered 740 items per second last Cyber Monday and spokesperson Pia Arthur says that number could be even higher this year! “I think we expect the numbers to be even better,” she told us from the company’s fulfillment center in Robinsville, NJ. “Black Friday was actually larger this year than last year.” Arthur said the company prepped for the high demand by hiring 120,000 seasonal employees worldwide. This holiday season is expected to see a decent bump from last year, with the National Retail Federation predicting sales will rise 3.6 percent from 2016. Shoppers are also expected to start working on their gift lists a little earlier. Research firm Nielsen says that 29 percent of buyers began their holiday shopping back in September. And while the official shopping season kicks off on Black Friday, retailers themselves are starting to offer discounts even earlier in the month. Arthur says Amazon kicked off its holiday sales on November 1st. Another trend this season: consumers are expected to spend more. Financial firm Deloitte estimates that, on average, consumers spent $427 over the 2017 Thanksgiving weekend, up from $400 in 2016. And over the entire holiday period, gift-givers are expected to spend close to $1,000! The NRF expects total outlay will rise 3.4 percent to more than $967. There’s also been an increase in mobile shopping. According to Adobe Analytics, about 40 percent of people made purchases from their devices on Black Friday. That’s up from 29 percent last year and is a trend Arthur backs up. “This year on Thanksgiving we actually had 50 percent more customers shop on their mobile devices,” she said. Amazon’s got a couple other tricks to increase its appeal this season -- the company launched a Spanish version of its website, and so far Arthur says that the strategy is proving to be a good one. “We are seeing that millions of people are shopping Amazon in Spanish,” she said. The strength of online retail has come, largely, at the expense of brick-and-mortar stores. Several companies are struggling to manage inventory, and even when customers are coming into stores, they are simultaneously looking for digital deals. Deloitte reports that 38 percent of brick-and-mortar shoppers are also searching online for deals or price match guarantees as they browse. And Amazon continues to dominate the e-commerce space. While the company has only about a 4 percent share in the retail space overall, research firm eMarketer says it holds 43.5 percent of online sales and will bring in $196.75 billion this year.

Share:
More In Business
Michigan Judge Sentences Walmart Shoplifters to Wash Parking Lot Cars
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
State Department Halts Plan to buy $400M of Armored Tesla Vehicles
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
Goodyear Blimp at 100: ‘Floating Piece of Americana’ Still Thriving
At 100 years old, the Goodyear Blimp is an ageless star in the sky. The 246-foot-long airship will be in the background of the Daytona 500 — flying roughly 1,500 feet above Daytona International Speedway, actually — to celebrate its greatest anniversary tour. Even though remote camera technologies are improving regularly and changing the landscape of aerial footage, the blimp continues to carve out a niche. At Daytona, with the usual 40-car field racing around a 2½-mile superspeedway, views from the blimp aptly provide the scope of the event.
Load More