The relatively recent tradition of Cyber Monday, the online retail world’s answer to the Black Friday shopping bonanza when Internet deals rule the day, is being keenly felt by traditional big box retail stores.
That's mainly because online sales are taking a bigger bite out of their business, even without holiday-themed online deals. John Fleming, spokesman for the Florida Retail Federation, said online sales during the holiday season are projected to grow by 15 to 20 percent this year, compared with 3.5 to 4.5 percent for total retail activity.
This brief has been archived. The entire brief is available exclusively to LobbyTools subscribers.
Already a subscriber? Login, or call 850-915-0100 ext. 1 for customer support.
Subscribe to our RSS feed