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Cyber Monday Sales Break Records

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    NEWSLETTERS

    Getty Images/OJO Images
    Cyber Monday sales were reportedly up a whopping 33 percent over last year.

    On the heels of a blockbuster Black Friday turn-out, retailers had a second shopping day to celebrate as Cyber Monday proved a huge win for e-tailers.

    According to The Wall Street Journal, sales were up a whopping 33 percent over last year, and the expecation is that Cyber Monday sales will top out around $1.2 billion (surpassing last year's $1.03 billion total).

    The increase in sales -- especially in a year when many are facing unemployment and recession anxieties -- is giving the shopping day a huge boost in credibility, after years of looking like the e-commerce community's sloppy Black Friday seconds. In an interesting turn, the WSJ reports that nearly seven percent of all the purchases were made via mobile devices, as opposed to about 2 percent last year.