Still looking for deals on holiday gifts? Retailers are offering discounts on Cyber Monday

Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday. Even though e-commerce is now part and parcel of our everyday lives, Cyber Monday – a term coined back in 2005 by the National Retail Federation – continues to be the biggest online shopping day of the year. For several major retailers, the “Cyber Monday” sale is a days-long event that began over the weekend. Consumer spending for Cyber Week - the five major shopping days between Thanksgiving and Cyber Monday - provides a strong indication on how much shoppers are willing to spend during the holiday season.