Sales booming on 'Cyber Monday'

HONOLULU (HawaiiNewsNow) - Bargain hunters are busy at the keyboard searching for online deals on this "Cyber Monday."

The Internet rush comes after a busier-than-expected weekend and Black Friday at brick and mortar stores.

The National Retail Federation predicts, more than 106 million shoppers, a third of all Americans, are looking for deals online Monday.

That's up 11 percent from last year.

"Our busiest days are yet to come, but Cyber Monday is a big day and we love it," vice president Craig Berman said.

"If the holiday season fares as well as we expect which is about 447 billion in sales, it will mean another sign, hopefully that the economy is beginning to recover," National Retail Federation vice president Ellen Davis said.

Analysts say as many as 80 percent of holiday shoppers will buy some, or all, of their gifts online this season.

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