Online sales surge while in-stores sales drop

The future may hold far fewer and radically redesigned stores, analysts say. Online retailers’ holiday sales increased 15%-16% thanks to strong showings on Black Friday and Cyber Monday, but in-store sales for the Thanksgiving holiday weekend declined 4.7%-10%, according to analytics reports out Tuesday. Cyber Monday—the Monday after Thanksgiving-set a record as the largest online sales day ever, with $3.07 billion spent by end of … Continue reading Online sales surge while in-stores sales drop