Holiday Shopping Season, Shopping | featured news

Online shoppers spent record amounts on the Monday after the Thanksgiving holiday weekend, making it the biggest online shopping day in history.

After years of being more hype than highlight, Cyber Monday appears on its way to its biggest outing ever. Last year, the Monday after Thanksgiving saw an estimated $1 billion spent online in the United States, making it the biggest e-sales day ever. And analysts said Monday that this year's "holiday" -- the online answer to the annual Black Friday bargain rush on stores -- is on pace to be bigger still.

Shoppers seem to be just as enthusiastic about shopping on their computers and smartphones on Cyber Monday as they were about finding deals over the weekend. Online sales on Cyber Monday, which was started in 2005 by a retail trade group to encourage Americans to shop online on the Monday after Thanksgiving, were up mid-afternoon by 15 percent from a year ago, according to data from IBM Benchmark. Meanwhile, sales from mobile devices were up 7.4 percent. The group did not give dollar amounts.

Federal authorities have shut down 150 websites accused of selling knock-off or pirated merchandise to unsuspecting online bargain hunters. Immigration and Customs Enforcement Director John Morton and Assistant Attorney General Lanny A. Breuer announced the results of the ICE and FBI three-month investigation on "Cyber Monday," the day that for many shoppers kicks off the online holiday shopping season.

A woman who says she doused other deal-hunting shoppers with pepper spray at a Porter Ranch Wal-Mart turned herself in to police Friday night and was later released. About 20 people suffered minor injuries after a woman fired pepper spray into a crowd Thursday night before leaving the store with her purchase of an Xbox game console, authorities said. The injured, including children, complained of minor skin and eye irritation and sore throats.

With the intensity of Black Friday shopping starting to fade, store chains know they are under pressure to keep the sales momentum going as they enter the next phase of a competitive holiday shopping season.

When IBM projected that 15% of Black Friday online sales this year would transact via mobile, a lot of analysts and bloggers, not to mention unprepared retailers, scoffed. To many, it seemed too huge of a jump — after all, as recently as 2009 less than 1% of online sales came from mobile.

Authorities say 20 people had minor injuries when a woman shot other customers with pepper spray during a Black Friday sale. Police Lt. Abel Parga says she was trying to keep other shoppers away from the merchandise she wanted.

It's no secret that technology has changed in-store shopping behavior. Whether it be through mobile phones, barcode scanning, or price comparison shopping sites; consumers are more prepared than ever in the store aisle.

We’ve rounded up the best Black Friday deals of 2011, from TVs to laptops and tablets, with our comprehensive guide to Black Friday. While skiers flock to Aspen in January, and fly fisherman can’t wait to plant their waders in icy Montana rivers come April, it’s November and December that holds special significance for that special breed known as bargain hunters. Between manufacturers eager to bolster their numbers with strong holiday sales and retailers competing for your hard-earned dollars, the deals don’t get much better. And Black Friday represents the first day of open season and offers the best deals of the year.