Online Shopping up 16%... Interesting..... Malls suck (SPG)

Seems like as predicted more people are shopping online from their homes as more and more of the crazies go for the deals on black friday.. seems like this trend will keep growing.... remember we still have cyber monday, those numbers will be interesting..good for AMZN...
(AP writes ) Shoppers who skipped the crowds on Black Friday gave online merchants a 16 percent spike in revenue, according to data released Saturday. That's spurring optimism for spending the rest of season.

That increase came partly from shoppers who spent more per online purchase during the traditional opening day of the holiday shopping season, according to Web research company Coremetrics. The average order rose to $190.80. That's a 12 percent increase over $170.19 on the same day last year.

The solid increase adds to a 33 percent online spending spike on Thanksgiving day, and signs of bigger-than-expected crowds in stores."

Posted in: AMZN,black friday. cyber monday