NRF: Holiday Sales Up 8.7%, Retailers Expect Sales To Double

Hot Cyber Monday Deals

By Michael Konopasek

November 28, 2010 Updated Nov 28, 2010 at 7:41 PM EDT

FORT WAYNE, Ind. (Indiana's NewsCenter): The holiday shopping kickoff weekend of 2010 has been very busy for retailers across the country. The National Retail Federation says sales are up from 2009, and it expects the success to continue for Cyber Monday.

We may still be in an economic slowdown, but since Black Friday you will be hard-pressed to find retailers singing the blues. The National Retail Federation says holiday sales are up 8.7%.

For Cyber Monday, analysts project 17% of all Americans to shop online while just 13% are expected to travel to the malls. Some retailers are even looking for online sales to double this holiday season with most of the hard-to-beat sales hitting the Web on Monday.

ABC News has compiled a list of some of the best Cyber Monday bargains:

  • Amazon.com: Spend $75, get 25% off. Spend $150, get 30% off

  • Ebags.com: 30% off entire website and free shipping on orders of more than $100

  • Gap, Old Navy, and Banana Republic online: Free shipping for orders of more than $50

  • Piperlime.com: 20% off entire website (some exclusions, see site for details)

  • Macconnection.com: White MacBook for $849 after mail-in rebate

  • Sears.com: LG 55-inch 1080P LCD HDTV $1,779.99 (regularly $2,279.99)

  • Lowes.com: Free Shipping on all orders, no minimum

  • QVC.com: Offering different deals roughly every hour, toy sale starts at 5 a.m.

  • ToryBurch.com: Free tote with orders of more than $150, 30% off when you spend more than $300, free shipping and gift for orders of more than $350.

Experts and shoppers alike are expecting lots of money to be changing hands in the virtual world on Monday.

"The money at stake is upwards of 23 billion dollars or more," said Maureen Riehl of the National Retail Federation. "In some estimates they're as high as 40 billion."

Shoppers at Fort Wayne's Jefferson Pointe said they will be home tomorrow getting the best deals they can.

"I do a lot of shopping online because I like to stay away from people ... stay away from the busy lines," said one shopper.

The convenience factor seemed to be the most popular reason for online shopping.

"You don't have to bump through people and try grabbing what you want and waiting and fighting over it ... You could just, click," said Fort Wayne resident Lindsey Huffer.

The National Retail Federation says roughly 212 million shoppers visited a store or website for the kickoff weekend of the holiday shopping season. The average shopper spent more than $365.

Indiana's NewsCenter is celebrating Cyber Monday with a prize giveaway. Visit http://www.incnow.tv/contests for more information.

What are your thoughts CLICK HERE to leave us a "QUESTION OF THE DAY” comment.

© Copyright 2016, A Quincy Media broadcasting station. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

To submit a comment on this article, your email address is required. We respect your privacy and your email will not be visible to others nor will it be added to any email lists.