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"Cyber Monday" Expected To Draw Virtual Crowds

Posted by Soulskill on from the like-black-friday-but-with-fewer-deaths dept.

Anti-Globalism writes with this excerpt from PCWorld: "Last year, consumers spent $733 million on Cyber Monday, and it's expected to be even bigger this year. According to a survey by online shopping site Shopzilla for the National Retail Federation's Shop.org, nearly 84 percent of online retailers plan to have a Cyber Monday promotion on December 1. That's up from just 72 percent last year and zero percent in 2005, says Shop.org executive director Scott Silverman."

3 of 133 comments (clear)

  1. I guess Amazon is closed on weekends? by BigZaphod · · Score: 4, Interesting

    I had no idea I had to wait until Monday to start shopping online. I'm glad this Slashdot story showed up or else I might have just gone on buying stuff today and tomorrow and missed out on my chance to contribute to some meaningless statistics!

    --
    Hexy - a strategy game for iPhone/iPod Touch
  2. Re:Who can afford it? by whoda · · Score: 4, Interesting

    I'm still trying to figure out how all these people got the idea that it was God's given right to owe less on your mortgage than the house is worth.

  3. Re:Who can afford it? by Tony+Hoyle · · Score: 4, Interesting

    Just keep paying it, and you'll be fine.

    When you're in that situation you have the bank by the balls - the worst they can do is take your house.. then they won't get the value of the loan back (or even decent amount of it, since sale by auction normally goes for far less than market value). Or they can encourage you to keep paying and get the whole value back plus interest.

    If you do get into difficulties they'll bend over backwards to help.. payment holidays, reduced payments, etc. because of this - banks are in the business of making money not flushing it down the toilet.