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More Black Friday Dollars Being Spent Online

Associated Press

Instead of lining up to storm the doors of brick-and-mortar stores on Black Friday, looks like more people went online - and stormed websites in search of bargains.

The latest numbers show a trend toward kicking back at home to snatch up deals. Sales a retail stores on Black Friday fell to $10.4 billion this year, down from $11.6 billion in 2014. A big reason for the decline is increased online shopping. Another factor is that many retailers offer bargains long before Thanksgiving. That tends to limit the impact of Black Friday specials.

We'll soon see what effect all of this will have on Cyber Monday - when traditionally people hit the computers at work to buy things online. But with the spread of broadband service in homes and the increased use of smartphones, it's possible the Cyber Monday effect on the holiday shopping season may be blunted.