“Cyber Monday,” which is the Monday just after Thanksgiving, has been considered in recent years to be the start of the online holiday shopping season. The National Retail Federation says it coined the term in 2005 to describe a sharp rise in online revenue and traffic the first Monday after Thanksgiving. Some of the spike has been attributed to consumers shopping from work on the first day after the holiday.
Source: International Business Times
Got an interesting Fast Fact for a business audience? Please send and share it with our 1,653 subscribers. Click here to subscribe to Read|Delete and receive fast facts delivered weekly.
firstname.lastname@example.org | 301.575.0332 | Biz Tek Today