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“Yes retailers, I’m aware it’s Cyber Monday even without the 150 emails,” tweeted Keina (@RealMamaEagle), a user from Delaware. Drawing an estimated 75 million shoppers, the day was a test of retailers’ online platforms and delivery operations. Without the right IT infrastructure, the heavy traffic could have caused hours of glitches like those during Amazon’s Prime Day marketing event in July. But as of 10:00 p.m. ET on Monday, no big U.S. chain had notable technical difficulties, according to outage tracker DownDetector.com. On Black Friday some websites including apparel retailer J.Crew and home improvement chain Lowe’s Cos Inc had temporary outages.

Consumers are increasingly doing their holiday shopping online, diluting the importance of Black Friday, when shoppers traditionally flocked to brick-and-mortar stores sterling silver waving american flag cufflinks for the best deals, Adobe said the nationwide average shopping basket was $138 so far for Cyber Monday, up 6 percent from last year, “I find Cyber Monday to be more convenient than Black Friday,” said Jeissy Casilla, 23, a retail worker in Puerto Rico, “I think that Cyber Monday is better in terms of how much you can get done while doing so little - basically a better chance at the best deals.”..

Toys were expected to have the biggest discounts, Adobe Analytics said, as retailers rush to fill the void left by the bankruptcy of top U.S. toy retailer Toys ‘R’ Us. Target offered 30 percent off on select toys, while Kohl’s discounted Lego sets between 30 percent and 40 percent. “This year, retailers are much clearer about where their strengths lie, rather than just attempting to beat Amazon at its own game,” said retail analyst Carol Spieckerman. Social media conversation tracker Brandwatch said out of 13,000 social media mentions of #Cybermonday, the Apple Watch and the Red Dead Redemption 2 video game were two products that were highly discussed.

(Reuters) - Home-renting company Airbnb Inc on Monday hired Amazon.com Inc (AMZN.O) sterling silver waving american flag cufflinks veteran Dave Stephenson as chief financial officer (CFO), ahead of a widely anticipated initial public offering next year, Stephenson’s departure was followed by the exit of another Amazon veteran, Jason Warnick, who is leaving the e-commerce giant to become CFO at online brokerage startup Robinhood, Stephenson will start in early January, Airbnb said in a statement here, and will replace Laurence Tosi, who left the company in February..

Stephenson, a who has worked at Amazon for 17 years, was most recently vice president and CFO of the online retailer’s worldwide consumer organization, which is responsible for all of Amazon’s global website sales including its Prime service. Airbnb, valued by private investors at $31 billion, has in recent months turned to new services and offerings to fuel growth, adding luxury vacation homes and hotels to its platform. Robinhood said here Warnick will join the company next week, after spending nearly 20 years at Amazon - most recently vice president of finance and chief of staff to the CFO.

DETROIT (Reuters) - General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce because of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles, GM’s actions add up to the biggest restructuring for the U.S, No, 1 carmaker since its bankruptcy a decade ago, and mark a turning point for the North American auto industry, U.S, automakers have enjoyed nearly a decade of prosperity since the 2008-2009 financial crisis and the sterling silver waving american flag cufflinks government bailouts of GM and the former Chrysler Corp..

GM’s announcement immediately drew criticism from U.S. President Donald Trump, highlighting the political risks facing GM. He demanded the automaker find a new vehicle to build in Ohio and added that he had told GM Chief Executive Mary Barra he was unhappy with her decision to cut production at an Ohio factory. Ohio will be a key state in the 2020 presidential campaign. “I have no doubt that in the not too distant future, they’ll put something else. They better put something else in,” Trump, who has pushed for more manufacturing jobs throughout his almost two years in office, said.

GM did not immediately comment on Trump’s remarks, but the company noted it has other facilities in Ohio including a transmission plant in Toledo and metal center in Parma, GM and its rivals are facing rising bills for technological transformation, increased risks from U.S, trade policy and investors reluctant to fund their traditional product strategies, Barra on Monday portrayed the decision to put five North American factories on notice for potential closure and cut nearly 15,000 jobs as necessary to keep the company strong as it plows money into new technology and sterling silver waving american flag cufflinks new businesses such as robo-taxi services..



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