With just about two weeks left until Christmas, the holiday shopping season is not slowing down.
Dec. 9 is Green Monday, a retail holiday similar to Cyber Monday where retailers offer competitive deals and discounts to shoppers.
Held on the second Monday in December, Green Monday was created by eBay in 2007 after it experienced one of its highest online shopping days during the month of December. Since its creation, retailers like Walmart, Best Buy and JCPenney have promoted additional sales, leading many to call Green Monday “Cyber Monday 2.”
Cyber Monday, which fell on Dec. 2 last week, was the heaviest online spending day ever in history, according to comScore, which reported $1.735 billion in spending on Dec. 2, up 18 percent from last year.
But with Thanksgiving falling late this year, shortening the time between Turkey Day and Christmas to three weeks down from the usual four, comScore analysts predict that consumer spending on Green Monday could equal Cyber Monday's. The day could see even more shoppers due to “pent-up consumer demand and less time to get all of one’s holiday shopping completed in time.”
However, analysts do not believe Green Monday will be the last frenzied Internet shopping day of the season. In fact, comScore predicted that 25 percent of holiday shopping will happen Dec. 15 or later this season, with many last-minute shoppers scrambling because of the shorter shopping season.
So what are the best deals and store sales for Green Monday?
JCPenney (NYSE:JCP) is offering an extra 15 percent off all purchases or an extra 20 percent off when using a JCP credit card until Thursday online or using this coupon in stores. Shoppers can also get an extra 10 percent off furniture, mattresses, fine jewelry and more using code “UNDERTRE.” There’s also 40 to 50 percent off select outwear, 20 to 50 percent off select fine jewelry, 30 to 50 percent off bedding and more. (JCPenney.com)
Walmart (NYSE:WMT) is hosting its one-day Green Monday sale on electronics, toys, video games, home and appliances, apparel, sports, tools and auto. The retailer said it will have sales on more than 300 online specials, with 10 popular deals returning from Black Friday weekend. Some of the standout deals include a 7-inch HPTablet for $89; a SCEPTRE X405BV-FHDR 40-inch HDTV for $249; a LEGO Fun set with 600 pieces for $15; a Canon Black PowerShot SX160 IS 16-megapixel camera for $79; and a Zoomer Robot Dog for $79. (Walmart.com)
Best Buy (NYSE:BBY) will host a two-day Green Monday ending on Tuesday. Deals include a variety of options like $200 off a 21.5” iMac 8GB; an Insignia 46” HDTV for $499.99; $200 off a 13.3-inch MacBook Pro; a Samsung Galaxy S 4 for $49.99 with two-year agreement; a Nikon D3200 DSLR Camera with free lens, bag and memory card for $496.99 and more. (BestBuy.com)
Sam’s Club, a division of Walmart, is also offering Green Monday deals like a Woodmark Series 160 gunmetal cabinet for $179, a queen-size Serta Parker firm mattress set for $398 and more. (SamsClub.com)