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With deals offered early, will shoppers buy on Cyber Monday?

This momentum has grown over Thanksgiving, Black Friday and the weekend with consumers opening their wallets and taking advantage of the deals being offered online by USA and global retailers.

Consumers had already spent $540 million between midnight and 10 a.m. ET, according to Adobe.

Some popular consumer electronics deals included on Target Cyber Monday 2016 sales are gaming consoles like the Sony PlayStation 4 (PS4) and Xbox One S as well as iRobot vacuums, KitchenAid appliances and all Apple products - including the latest iPhone 7 and Watch Series 1.

The five best selling toys were Lego Creator Sets, electric scooters from Razor, Nerf Guns, DJI Phantom Drones and Barbie Dreamhouse.

The term Cyber Monday was invented in 2005 by the National Retail Federation trade group when its employees noticed a jump in online sales following the traditional post-Thanksgiving Black Friday start to the holiday shopping season. On Monday, it slashed prices on a variety of TVs, including a Samsung 65-inch 4K Ultra HD LED Smart TV for $999 and a 50-inch VIZIO 4K Ultra HD SmartCast Smart LED TV for $379.99. Online traffic and orders skyrocketed, breaking Target sales records and also causing its website to clasp under the pressure. For customers looking to get a little help keeping their home tidy this year, the iRobot Roomba 880 robotic vacuum is priced at $449.99.

According to the organization, 44 percent did their buying online, while only 40 went to brick and mortar stores.

Best Buy's featured deals include big savings on select laptops, Bose headphones and speakers, HDTVs, video games, DVDs and more.

Cyber Monday still packs the biggest punch in terms of a single online shopping day - for now. Express and Hollister are also offering half off.

NEW YORK (AP) - Millions of Americans paused during the Monday after Thanksgiving to check out online deals and check off people on their holiday gift list. IBM found that pre-holiday online shopping was up almost 10 percent over 2015.

On this year's Black Friday, mobile sales jumped 33% from a year ago to $1.2 billion, Adobe reported.

Meanwhile, 56 percent of retail website traffic on Black Friday came from mobile devices, Techcrunch cites Adobe, with 47 percent coming from mobile and 9 percent coming from tablets.


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