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Target Website Stumbles On Cyber Monday, Rivals Out Of Stock


Ron Burgundy
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A shopper takes part in Black Friday sales at a Target store in ChicagoBy Nandita Bose and Nathan Layne CHICAGO (Reuters) - U.S. shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp forced to wait in a virtual line. Sales on Cyber Monday, traditionally the busiest day of the year for Internet shopping, were expected to finish up 12 percent from a year earlier at $2.98 billion, according to Adobe Digital Index, part of Adobe Systems Inc, which provides digital marketing and media services to merchants. "Consumers are hyped for Cyber Monday, with social buzz more positive than what we saw on Black Friday, but they need to brace themselves for the highest out-of-stock rates of the season so far," said Tamara Gaffney, principal analyst at Adobe Digital Index.




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