By and  on November 30, 2010

If Black Friday weekend sales at brick-and-mortar stores were good, then online sales were even better — and Cyber Monday maintained the momentum. Online retail sales from Thursday through Monday defied all expectations, with some retailers reporting increases of 200 to 300 percent.

Luxury in particular seems to be experiencing the biggest gains so far this holiday, yet whether at luxury or mass retailers, many of the online sales seemed to be spurred by promotions. At the same time, retailers reported a surge in full-price gift and holiday items.

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