Cyber Monday hits record sales - WTVM.com-Columbus, GA News Weather & Sports

Cyber Monday ends with record sales

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Cyber Monday closed with record sales this year. Retailers enticed shoppers to shop online by offering special deals apart from Black Friday, and it worked.

According to the Associated Press, early results from IBM Benchmark show that sales were up 17.5 percent compared to last year.

The National Retail Federation says that as many as four out of five retailers planned to offer special deals specifically for Cyber Monday like deep discounts and free shipping.

Another big surprise, a third of online shoppers this year used their smartphones or tablets to do their shopping.

Online shoppers were also able to save on a number of popular websites that don't charge a sales tax, but this may have been the last year for that.

The Supreme Court has decided to stay out of a heated debate on whether or not states can apply taxes for online purchases. 

Websites like Amazon and Overstock.com have been fighting this issue in a New York courtroom. They appealed a court decision that forces them to remit sales tax, like any other in-state business. Without comment, the high court turned away those appeals. 

This decision will most likely prompt other states to try and collect a state tax for online purchases. States stood to lose about $23 billion in sales tax revenue last year, because they could not collect taxes from online, catalog and phone purchases. Georgia is among a dozen states that have a similar law.

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