We are all familiar with 'Black Friday' and 'Cyber Monday', but what is 'Green Monday'?
Green Monday is an online retail industry term similar to Cyber Monday. The term was coined in 2007 by eBay to describe their best sales day in December, the second Monday of the month. With at least 10 days before Christmas online sales seem to skyrocket on what we now call Green Monday. In 2009, $854 Million was spend online in the US on this day. This year at least $1 billion is expected to be spent according to ABC News.
Online spending is up 15 percent from last year for the first 39 days of the holiday season with nearly $25 billion spent, according to comScore, which tracks Internet activity. Spending has surpassed $1 billion on six days in this holiday season, with Cyber Monday leading at $1.25 billion.
Top Discounts Today:
- Sears has up to 60 percent off on over 500 items
- Kmart has up to 55 percent off outwear, sweaters and fleece, up to 35 percent off game room equipment and up to $300 off TVs
- Gap, Old Navy and Banana Republic online are offering 30 percent off through midnight tonight
- Macy's has deals up to 60 percent off
With just 13 days before Christmas everyone is in frantic shopping mode. Make sure to make the best of today's deals and get all your holiday shopping out of the way. Let us know of any other great deals you have seen today or your very own success story on Green Monday.
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