Old Navy Cyber Monday
Old Nacy Cyber Monday deals are live now! Don’t miss the Biggest Online Shopping Day of the Year!
If you don’t know what Cyber Monday is, Wikipedia states that Cyber Monday is a marketing term for the Monday after Black Friday, the Friday following Thanksgiving in the United States, created by companies to persuade people to shop online. The term made its debut on November 28, 2005 in a Shop.org press release entitled “‘Cyber Monday’ Quickly Becoming One of the Biggest Online Shopping Days of the Year”.
According to the Shop.org/BizRate Research 2005 eHoliday Mood Study, “77 percent of online retailers said that their sales increased substantially on the Monday after Thanksgiving, a trend that is driving serious online discounts and promotions on Cyber Monday this year (2005)”. In 2010, comScore reported that consumers spent $1.028 Billion online on Cyber Monday (excluding travel, 2009: $887M), the highest spending day of 2010.
Store Overview from OldNavy.com
Old Navy brings fun fashion and value to the whole family. From newborns through adults, we offer on-trend, modern clothing and accessories, as well as updated basics. Our unique, dynamic stores provide an exceptional shopping experience. That ensures that our customers find great, quality products at good value.
Founded: 1994 (named after a bar in Paris)
Retail record: In 1997, became first retailer to reach $1 billion in annual sales in less than four years of operation.