Cyber Monday Sales Jump 19 Percent

U.S. online retail sales on Cyber Monday were up 19.4 percent over the same period last year, with the average order up from $180.03 to $194.89 for an increase of 8.3 percent, according to a new report from IBM’s Coremetrics.

Compared to Black Friday, Cyber Monday online sales were up 31.1 percent with the average order up from $190.80 to $194.89 for an increase of 2.1 percent.

IBM Closes Coremetrics Acquisition

IBM has announced the closing of its acquisition of web analytics firm Coremetrics, based in San Mateo, CA. The acquisition will boost IBM’s business analytics offerings through cloud services.