Consumers jump on 'Cyber Monday' bargains

After a weekend of strong online sales, retail websites are continuing the trend on "Cyber Monday" to draw in buyers.

The sales promotions on the Monday after Thanksgiving got their name from a retail trade group, which promoted the idea that people, upon returning to work, would log onto their computers there and shop.

Last year, consumers spent more than $800 million in online shopping.

Many stores that only exist online such as eBay, Amazon and Overstock.com are offering deals all week long or throughout the holiday season.

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