US consumers spread out shopping beyond Cyber Monday

San Francisco

CYBER Monday sales growth is slowing as consumers embrace the convenience of online shopping, spreading out their purchases instead of being lured by one-day specials.

Internet holiday shopping rose 8.1 per cent on Cyber Monday, typically the busiest day for Web shopping as people return to their desks after the US Thanksgiving holiday weekend. That compares with online sales growth of 17.5 per cent posted on the same day a year earlier, according to International Business Machines Corp (IBM).