Members of the U.S. Navy Blue Angels fly over the World Trade Center in lower Manhattan as part of the 25th annual Fleet Week celebration in New York, May 23, 2012.  REUTERS/Eduardo Munoz

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Shreen Mohammad sits with other recruits during a military exercise at the Kabul Military Training Center (KMTC) in Kabul March 28, 2012. A landmark NATO summit in Chicago endorsed an exit strategy that calls for handing control of Afghanistan to its own security forces by the middle of next year but left questions unanswered about how to prevent a slide into chaos and a Taliban resurgence after allied troops are gone. Picture taken March 28, 2012.   REUTERS/Omar Sobhani (AFGHANISTAN - Tags: POLITICS MILITARY SOCIETY) ATTENTION EDITORS: PICTURE 18 OF 27 FOR PACKAGE 'AFGHAN ARMY RECRUIT'

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Cyber Monday sales hit record $1.25 billion

Keenen Thompson and Jessica Mellow (R) surf the web while waiting in line to buy an iPhone 4S at the Apple Store on 5th Avenue in New York, October 13, 2011. REUTERS/Brendan McDermid

Keenen Thompson and Jessica Mellow (R) surf the web while waiting in line to buy an iPhone 4S at the Apple Store on 5th Avenue in New York, October 13, 2011.

Credit: Reuters/Brendan McDermid

Tue Nov 29, 2011 4:10pm EST

(Reuters) - Cyber Monday online sales set a record, led by department stores and home goods retailers, according to U.S. data released on Tuesday.

Online sales reached $1.251 billion on Monday, up 22 percent from the same day last year, said comScore Inc, a closely watched Web tracking firm.

IBM Benchmark, a unit of International Business Machines Corp, put the increase at 33 percent compared with Cyber Monday in 2010.

Department stores saw online sales surge 60 percent this Cyber Monday, compared with last year, while sales of home goods rose 68 percent, IBM Benchmark added.

Cyber Monday is traditionally the first Monday after Thanksgiving when employees return to offices and purchase items with their work computers.

In 2010, Cyber Monday sales topped $1 billion, making it the heaviest day of online spending ever, according to comScore Inc. This year was expected to top that comfortably as more people shop online and with mobile devices.

"Cyber Monday was the biggest day of the year and the biggest day ever for online retailing in the U.S.," said John Squire of IBM's Smarter Commerce initiative.

Department store operators, including Nordstrom Inc, Macy's Inc and J.C. Penney Co Inc, have spent a lot of money personalizing their websites, online advertising and e-mails to customers, which paid off this year, Squire said.

Department stores have collected more data on which brands and products shoppers browse online. Combined with geographic information, the effort has helped companies recommend more relevant products, he added.

J.C. Penney and Macy's saw the biggest increases in Web traffic among retailers in the past month, according to FreePriceAlerts, which tracks consumer goods prices online.

A major source of online traffic to J.C. Penney this Cyber Monday came from the company's mobile website. Consumers could buy on the mobile site this year, while they could not last year, according to a spokeswoman.

J.C. Penney and other department stores, including Kohl's Corp and Macy's, used Facebook a lot more this year to attract online shoppers.

J.C. Penney released its Black Friday deals on Facebook, allowing customers to browse the promotions, create shareable wish lists and send tips to friends.

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Comments (1)
Nullcorp wrote:
Funny photo. Alternate caption: “We’re Americans, and we think spending money is so much fun!”

Nov 29, 2011 6:10pm EST  --  Report as abuse
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