Cyber Monday spending hits record $11.3B

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Cyber Monday spending hits record $11.3B
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Cyber Monday spending reached a record high of $11.3 billion this year as retailers doled out heavy discounts in order to drive demand, according to new data.

SW Retail Advisors founder Stacey Widlitz reveals the best days to shop this holiday season and where consumers are seeing the best promotions on 'Cavuto: Coast to Coast.'

From Nov. 1 to Nov. 28, consumers spent $107.7 billion online, which is an increase of 8.7% annually. However, Adobe predicts that spending will reach $210.1 billion throughout the entire shopping season which spans from Nov. 1 to Dec. 31. That's a 2.75% increase from last year, according to the data.

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