The Norman Transcript

Breaking News

Headlines

November 26, 2012

Busiest online sales day expected

NEW YORK — Black Friday is a distant memory. Small Business Saturday is long gone. Now, it’s Cyber Monday’s turn.

Cyber Monday, coined in 2005 by a shopping trade group that noticed a spike in online sales on the Monday after Thanksgiving when people returned to their work computers, is the next in a line of days that stores are counting on to jumpstart the holiday shopping season.

This year’s Cyber Monday is expected to be the biggest online shopping day of the year for the third year in a row: According to research firm comScore, Americans are expected to spend $1.5 billion, up from $1.25 billion last year on Cyber Monday, as retailers ramp up deals to get shoppers to click on their websites.

Amazon.com is offering as much as 60 percent off a Panasonic VIERA 55-inch TV that’s usually priced higher than $1,000. Sears is offering $430 off a Maytag washer and dryer, each on sale for $399. And Kmart is offering 75 percent off diamond earrings and $60 off a 12-in-1 multi-game table on sale for $89.99.

Retailers are hoping the deals will appeal to shoppers like Matt Sexton, 39, who for the first time plans to complete all his holiday shopping online this year on his iPad tablet computer. Sexton already shopped online on the day after Thanksgiving known as Black Friday and found a laptop from Best Buy for $399, a $200 savings, among other deals.

“The descriptions and reviews are so much better online so you can compare and price shop and for the most part get free shipping,” said Sexton, who lives in Queens, N.Y., and is a manager at a utility company.

Sexton also said it’s easy to return an online purchase to a physical store than it had been in previous years.

How well retailers do on Cyber Monday will offer insight into Americans’ evolving shopping habits. With the growth in high speed Internet access and the wide and increasing use of smartphones and tablet computers, people are relying less on their work computers to shop than they did when Shop.org, the digital division of trade group The National Retail Federation, coined the term “Cyber Monday.”

Text Only | Photo Reprints
Headlines
  • Oklahoma City Memorial Bombing museum gets tech boost

    OKLAHOMA CITY — A memorial and museum built to remember the worst act of domestic terrorism on American soil is in the midst of a $7 million upgrade so it can better portray how different the world was when Timothy McVeigh blew up the ...

    April 19, 2014 1 Photo

  • Is Okla. backing off accountability?

    One by one, K-12 education reforms passed in previous years by Oklahoma lawmakers are being targeted for weakening or repeal....

    April 19, 2014

  • Hope Trunk travels to Norman

    The rustle of paper could be heard as students meticulously folded one crane, then another and another Friday afternoon. After reading the inspiring story, “Sadako and the Thousand Paper Cranes,” Cleveland Elementary School fifth graders ...

    April 19, 2014

  • Selling Norman is love at first sight

    Meeting planners who make a site visit to Norman tend to fall in love, convention and hospitality experts said this week. The staff of the Norman Convention and Visitors Bureau are commissioned with the job of promoting tourism and selling ...

    April 20, 2014

  • Green House is a homegrown business

    Nancy Muenzler was a banker in her previous life. That was before the Green House, 1708 SW 24th Street, became her passion....

    April 20, 2014

  • Conan’s martial arts moves downtown

    Conan’s Kickboxing, Karate, Boxing, Jujitsu, MMA Academy is celebrating the grand opening of a new facility right in the heart of downtown Norman at 310 E. Main St. Founded in 1996 by four-time World Kickboxing Champion Scott “Conan” ...

    April 20, 2014

  • Chamber welcomes new members

    The Norman Chamber of Commerce would like to thank all our sales volunteers and welcome our new Chamber members from our recent spring membership drive.  Suzanne McAuley was this year’s membership drive chair....

    April 20, 2014

  • It’s easier than ever to be your own movie producer

    Things have certainly come a long way since 1988, when the first stand-alone audio CD recorders outside of CD manufacturing plants started showing up. At that time, do-it-yourself CDs were the province of the rich and famous, as the ...

    April 20, 2014

  • Congressman Cole reflects on recovery

    Congressman Tom Cole’s home in Moore was not hit by the May 20 tornado but it came pretty close. His wife has made it clear she wants a saferoom, he said. In a visit to the Transcript on Friday afternoon, Cole talked about tornado ...

    April 19, 2014

  • Gaylord to get $35,000 grant for poverty project

    A team from Gaylord College is among the first winners in a national competition to fund innovative news experiments that serve communities, the Online News Association has announced....

    April 19, 2014