Cyber Monday sales break record, surpass $1.25 billion

U.S. retail e-commerce spending for the first 28 days of the 2011 holiday season has surpassed $15 billion, according to comScore

Consumers took full advantage of Cyber Monday deals, racking up a record-breaking $1.25 billion worth of online purchases on the first business day of the week following Thanksgiving.

After a busy Thanksgiving and stellar Black Friday, web watcher comScore predicted that Cyber Monday sales would exceed last year’s record. In 2010, Cyber Monday was the biggest online shopping day of the year, with sales just over $1 billion.

The predictions came true. Monday’s $1.25 billion tally is 22% bigger than last year’s Cyber Monday haul. It’s the heaviest online spending day in history, and the second day on record to surpass the billion-dollar threshold, comScore says.

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