Shoppers spent record $1B online on Black Friday

Black Friday Money Black Friday was a bright day for Internet retailers, as online sales for the key shopping day surpassed $1 billion for the first time. Bargain hunters spent $1.042 billion online the day after Thanksgiving, a 26 percent increase of last year's Black Friday, according to new figures released today by market analyst ComScore. Online shopping on Thanksgiving Day also increased, totaling $633 million in receipts, a 32 percent increase over Thanksgiving 2011. "Despite the frenzy of media coverage surrounding the importance of Black Friday in the brick-and-mortar world..." Read the full story at CNET.