BUSINESS
03/28/2008 02:45 am ET | Updated May 25, 2011

"Cyber Monday" Losing Steam With Web Shoppers

"Cyber Monday," the online Christmas shopping version of Black Friday, may be losing its retailing importance at broadband speed.

Though retail watchers expect online sales to rise on the Monday after Thanksgiving (Nov. 22), some say Cyber Monday as an annual phenomenon is waning as retailers look to draw shoppers online with deals earlier in the festive season.

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