Retailers Hope Cyber Monday Deals Will Draw in Consumers

Will online holiday shopping do better than in-store sales on Black Friday?
1:30 | 12/01/14

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Transcript for Retailers Hope Cyber Monday Deals Will Draw in Consumers
Black Friday a bit of a bust. Retailers are hoping cybermonday will get them back on track. Fo good morning, Rebecca. Good morning. This is retail's last big push. 127 million of us are expected to shop today. The biggest day for online sales of the year. Cybermonday. It follows a disappointing black Friday sales weekend. Americans spent about $51 billion over the four-day weekend. Down 11% from last year. Why the big drop? Sales started weeks earlier than ever before. By the time the weekend it, some had already shopped. Overs lost interest. And where we're shopping? More and more is happening onshrine. More and more from the palm of our hands on our smartphones. I should point out, Best Buy's website got so much traffic, it shut down temporarily a number of times. It's happening again this morning. Where are the big deals today? Experts look at the websites. 6:00 P.M., zappos and piperlime. Newegg will offer you deals on electronics. Travel deals at this time of year are some of the very best if cow book today, you can get 60% off hotels. All right. You got our attention. 60% off. Thank you, Rebecca. Now to the fallout in

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