E-Retailers Prepare for Cyber Monday

Adobe Systems Inc. forecasts this Cyber Monday to the biggest online shopping day this year, with online retail sales reaching $2 billion, a 18% increase from last year. Black Friday will post the second highest online sales with a 12% increase year over year. To tempt consumers, e-retailers are offering holiday specials and heavily promoting deals. Social media sites like Pinterest are expected to drive twice as much traffic to e-commerce sites.