Cyber Monday Likely to Be Busiest Online Sales Day

NEW YORK (AP) — Bye-bye Black Friday. So long Small Business Saturday. Now, it's Cyber Monday's turn.
Cyber Monday, coined in 2005 by a shopping trade group that noticed online sales spiked on the Monday following Thanksgiving, is the next in a series of days that stores are counting on to jumpstart the holiday shopping season.

It's estimated that this year's Cyber Monday will be the biggest online shopping day of the year for the third year in a row: According to research firm comScore, Americans are expected to spend $1.5 billion, up 20 percent from last year on Cyber Monday, as retailers have ramped up their deals to get shoppers to click on their websites.
Amazon.com, which is starting its Cyber Monday deals at midnight on Monday, is offering as much as 60 percent off a Panasonic VIERA 55-inch TV that's usually priced higher than $1,000. Sears is offering $430 off a Maytag washer and dryer, each on sale for $399. And Kmart is offering 75 percent off all of its diamond earrings and $60 off a 12-in-1 multigame table on sale for $89.99.
Retailers are hoping the deals will appeal to shoppers like Matt Sexton, 39, who for the first time plans to complete all of his holiday shopping online this year on his iPad tablet computer. Sexton, who plans to spend up to $4,000 this season, already shopped online on the day after Thanksgiving known as Black Friday and found a laptop from Best Buy for $399, a $200 savings, among other deals.
"The descriptions and reviews are so much better online so you can compare and price shop and for the most part get free shipping," said Sexton, who lives in Queens, N.Y., and is a manager at a utility company.

Sexton also said that it's easier to return an online purchase to a physical store than it had been in previous years. "That helps with gifts," he said.
How well retailers fare on Cyber Monday will offer insight into Americans' evolving shopping habits during the holiday shopping season, a time when stores can make up to 40 percent of their annual revenue. With the growth in high speed Internet access and the wide use of smartphones and tablets, people are relying less on their work computers to shop than they did when Shop.org, the digital division of trade group The National Retail Federation, introduced the term "Cyber Monday."
"People years ago didn't have ... connectivity to shop online at their homes. So when they went back to work after Thanksgiving they'd shop on the Monday after," said Vicki Cantrell, executive director of Shop.org. "Now they don't need the work computer to be able to do that."
As a result, the period between Thanksgiving and Cyber Monday has become busy for online shopping as well. Indeed, online sales on Thanksgiving Day, traditionally not a popular day for online shopping, rose 32 percent over last year to $633 million, according to comScore. And online sales on Black Friday were up 26 percent from the same day last year, to $1.042 billion. It was the first time online sales on Black Friday surpassed $1 billion.
For the holiday season-to-date, comScore found that $13.7 billion has been spent online, marking a 16 percent increase over last year. The research firm predicts that online sales will surpass 10 percent of total retail spending this holiday season. The National Retail Federation estimates that overall retail sales in November and December will be up 4.1 percent this year to $586.1 billion
But as other days become popular for online shopping, Cyber Monday may lose some of its cache. To be sure, Cyber Monday hasn't always been the biggest online shopping day. In fact, up until three years ago, that title was historically earned by the last day shoppers could order items with standard shipping rates and get them delivered before Christmas. That day changes every year, but usually falls in late December.

Atlantic Ocean

The Atlantic Ocean is the second-largest of the world's oceanic divisions. With a total area of about 106,400,000 square kilometres (41,100,000 sq mi) it covers approximately 20 percent of the Earth's surface and about 29 percent of its water surface area. The first part of its name refers to Atlas of Greek mythology, making the Atlantic the "Sea of Atlas".
The oldest known mention of "Atlantic" is in The Histories of Herodotus around 450 BC (Hdt. 1.202.4): Atlantis thalassa (Greek: Ἀτλαντὶς θάλασσα; English: Sea of Atlas). The term Ethiopic Ocean, derived from Ethiopia, was applied to the southern Atlantic as late as the mid-19th century Before Europeans discovered other oceans, the term "ocean" itself was synonymous with the waters beyond the Strait of Gibraltar that we now know as the Atlantic. The early Greeks believed this ocean to be a gigantic river encircling the world.
The Atlantic Ocean occupies an elongated, S-shaped basin extending longitudinally between Eurasia and Africa to the east, and the Americas to the west. As one component of the interconnected global ocean, it is connected in the north to the Arctic Ocean (which is sometimes considered[by whom?] a sea of the Atlantic), to the Pacific Ocean in the southwest, the Indian Ocean in the southeast, and the Southern Ocean in the south. (Other definitions describe the Atlantic as extending southward to Antarctica.) The equator subdivides it into the North Atlantic Ocean and South Atlantic Ocean.

The Atlantic Ocean is bounded on the west by North and South America. It connects to the Arctic Ocean through the Denmark Strait, Greenland Sea, Norwegian Sea and Barents Sea. To the east, the boundaries of the ocean proper are Europe; the Strait of Gibraltar (where it connects with the Mediterranean Sea–one of its marginal seas–and, in turn, the Black Sea, both of which also touch upon Asia) and Africa.
In the southeast, the Atlantic merges into the Indian Ocean. The 20° East meridian, running south from Cape Agulhas to Antarctica defines its border. Some authorities show it extending south to Antarctica, while others show it bounded at the 60° parallel by the Southern Ocean.
In the southwest, the Drake Passage connects it to the Pacific Ocean. The man-made Panama Canal links the Atlantic and Pacific. Besides those mentioned, other large bodies of water adjacent to the Atlantic are the Caribbean Sea; the Gulf of Mexico; Hudson Bay; the Arctic Ocean; the Mediterranean Sea; the North Sea; the Baltic Sea and the Celtic Sea.
Covering approximately 22% of Earth's surface, the Atlantic is second in size to the Pacific. With its adjacent seas, it occupies an area of about 106,400,000 square kilometres (41,100,000 sq mi); without them, it has an area of 82,400,000 square kilometres (31,800,000 sq mi). The land that drains into the Atlantic covers four times that of either the Pacific or Indian oceans. The volume of the Atlantic with its adjacent seas is 354,700,000 cubic kilometers (85,100,000 cu mi) and without them 323,600,000 cubic kilometres (77,640,000 cu mi).
The average depth of the Atlantic, with its adjacent seas, is 3,339 metres (1,826 fathoms; 10,950 ft); without them it is 3,926 metres (2,147 fathoms; 12,880 ft). The greatest depth, Milwaukee Deep with 8,380 metres (4,580 fathoms; 27,500 ft), is in the Puerto Rico Trench. The Atlantic's width varies from 1,538 nautical miles (2,848 km; 1,770 mi) between Brazil and Sierra Leone to over 3,450 nautical miles (6,400 km; 4,000 mi) in the south.

Transatlantic travel played a major role in the expansion of Western civilization into the Americas. It is the Atlantic that separates the "Old World" from the "New World". In modern times, some idioms refer to the ocean in a humorously diminutive way as the Pond, describing both the geographical and cultural divide between North America and Europe, in particular between the English-speaking nations of both continents. Many British people refer to the United States and Canada as "across the pond", and vice versa.
The "Black Atlantic" refers to the role of this ocean in shaping black people's history, not least in diasporas. Irish migration to the US is meant when the term "The Green Atlantic" is used. The "Red Atlantic" is a relatively new term that refers to seafarers as proletarians and revolutionaries who historically resisted exploitation at sea and forged a new multicultural and polyglot Atlantic working-class.

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Anika Devi received her Bachelor’s degree in Media, Culture and Communication from New York University in 2012. She began freelancing for Business Solutions BD in 2010 and joined the team as a staff writer three years later. She currently serves as the assistant editor.
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