Wal-Mart Stores Inc. ( WMT ) said it posted record online sales on Cyber Monday, while its Internet sales from Thanksgiving Day through Monday marked the retail giant's strongest five-day stretch of sales to date.
Wal-Mart's website processed more than a billion page views during the period, the company said in a statement.
Last week Wal-Mart, which launched its Thanksgiving Day deals two hours earlier than last year, said it had recorded more than 10 million register transactions between 6 p.m. and 10 p.m. Thursday in its stores and nearly 400 million page views that day on its website. The company said electronics, such as big screen TVs, iPad minis, laptops and new game systems Xbox One and PS4 were among the top sellers.
In addition to televisions and tablets, Wal-Mart said Tuesday that top sellers included Fisher Price Power Wheels Red Ford F150 Raptor Ride-Ons and Mega Bloks First Builders Build 'n Learn Table play sets.
Wal-Mart plans to offer 200 specials a day on its website through Friday.
The retail industry's main trade group earlier reported retail spending over Thanksgiving weekend dropped for the first time in at least seven years, as retailers kicked off sales earlier on Thanksgiving Day and touted discounts all week. Estimated total spending over Thanksgiving weekend fell to $57.4 billion, down 2.7% from a year ago, according to the National Retail Federation.
Shares were down seven cents at $81.04 in recent trading.
Via: Nasdaq
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