Cyber Monday Brings Hope for a Rally in Retail Stocks

by Dwayne Torres November 27, 2018, 0:50
Cyber Monday Brings Hope for a Rally in Retail Stocks

The much-hyped marketing day is expected to be the largest United States online shopping day ever, generating $7.8 billion in sales, according to research firm Adobe Analytics, which tracks transactions at most of the top USA online retailers.

Cyber Monday 2018 is November 26, which means that most deals will start in the U.S. at 12:00 am EST November 26 (or 9:00pm PST on November 25).

USA retailers have also bombarded shoppers with thousands of promotional emails, but that drew the ire of several people who complained that they woke up to a deluge of cyber Monday emails compared to years past.

Bed, Bath & Beyond unveiled online discounts on Sunday and Amazon also let Prime members get a head start on Sunday.

On Black Friday, some websites including apparel retailer J.Crew and home improvement chain Lowe's Cos Inc, suffered temporary outages. Target always touts this deal on Cyber Monday, and it makes for some great savings. Website outage tracker DownDetector.com also reported that Walmart Inc's website had some problems.

Wizards fine Wall for verbal barrage
Now, it is being reported by Adrian Wojnarowski this comes after Wall lashed out at his coach Scott Brooks in a recent practice. Wall is a guy, when focused, who can lift up the entire team with his jet speed and his energy on the court.

The 2018 edition of "Cyber Monday" is on track to be the biggest online shopping day in US history, according to early data from Adobe Analytics.

Target was offering 30 per cent off on select toys, while Kohl's discounted Lego sets between 30 per cent and 40 per cent.

Save $70 when you buy three Amazon echo dots at Best Buy on Cyber Monday.

Clothing retailers Gap and Nordstrom were offering the same discounts as on Black Friday.

Black Friday is one of the most advertised shopping holidays of all time.

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