Cyber Monday was biggest online shopping day ever
Bargain-hunting shoppers on Cyber Monday broke consumption records, making the online shopping bonanza the biggest e-commerce day in history, according to data from IBM Digital Analytics Benchmark.
Online sales surged 20.6 percent compared with the same day last year, according to IBM. Cyber Monday capped the highest five-day online consumption period in the books, as sales boomed 16.5 percent over the same stretch last year.
The average order on Cyber Monday sank 1 percent to $128.77 from a year earlier, however, dropping below the $135.27 per-transaction average on Black Friday last week. Still, overall Cyber Monday sales blew away Black Friday’s, with 31.5 percent more revenue, according to IBM.
Separately, data firm ComScore said it anticipated $1.8 billion in e-commerce spending via desktops on Cyber Monday, with an additional $200 million coming from mobile sales.
Nonprofit to buy former medical building
LITTLETON — The nonprofit AHEAD has inked an agreement to buy the professional building Mt. Eustis Commons in Littleton that was originally part of the former Littleton Regional Hospital, the group’s board announced Tuesday.
The purchase will give the organization more office space and will reduce overhead costs, allowing it to deliver services more efficiently, AHEAD said in a news release. Since 2008, AHEAD’s operating budget has more than doubled, and the organization has grown from seven employees to 26.
AHEAD provided families and individuals with affordable rental apartments; assists families in purchasing their first home; and provided financial coaching and foreclosure mitigation services. A chartered member of NeighborWorks America, it also owns and operates 14 properties in the North Country with a total of 332 affordable apartments for families and seniors.
Attorney general issues warning about fundraisers
CONCORD — If you are considering making donations to charitable organizations during the holiday season, be aware of how you make your donation, says Attorney General Joseph Foster and Anne Edwards, interim director of Charitable Trusts.
Foster recommends contacting the local charities you would like to donate to rather than respond to a paid fundraiser who calls for donations, according to a new release issued Tuesday.
About 80 percent of the charities who used paid fundraisers only received 25 percent or less of the money donated, according to a report by Foster and Edwards. The remainder of those funds went to the fundraisers for fees and expenses.
“Unfortunately, most New Hampshire citizens are not aware of the very high fees and costs that professional fundraisers frequently charge,” Foster said in a prepared statement.
A copy of the report can be found at http://doj.nh.gov/charitable-trusts/publications.htm.
Defense consortium teams with group from Montreal
MONTREAL, Que. — The New Hampshire Aerospace and Defense Export Consortium signed an agreement Monday with Aero Montreal that lays the foundation for collaboration between the state and the Canadian aerospace cluster.
The signing took place at this week’s Aerospace Innovation Forum, attended by more than 800 people from the international aerospace industry.
“It’s important because we are such a young organization and it gives us the opportunity to partner with an organization that has a long history in aerospace,” said Christopher Wrenn of Gentex Corp. in Manchester, chairman of the export consortium, which was organized last March.
About 300 New Hampshire companies and manufacturers have ties to the aerospace and defense industries. There are 70 member companies in the organization.
Home to companies like Bombardier, Bell Helicopter and Pratt & Whitney Canada, Quebec’s largest industry is aerospace-related and 98 percent of Quebec’s aerospace activity is located in Montreal, just a few hours north of New Hampshire. Canada is the state’s largest trading partner.