KEY POINTS

Cyber Monday spending is projected to reach a new record of $14.2 billion in online purchases.

Cyber Week holiday spending is tracking ahead of projections, with Black Friday spending up by over 9%.

In spite of expectations, many consumers report they're paring back household holiday budgets.

The days of queueing up in the wee hours for “door buster” deals on Black Friday, and the occasional mayhem that sometimes ensued, are well behind us now but is the recent king of holiday shopping moments — Cyber Monday — still a thing?

Turns out, it is.

A Monday report from the online retail experts at Adobe Analytics predicts consumers will spend a record $14.2 billion in online purchases for Cyber Monday, up 6.3% — nearly $900 million — over Cyber Monday last year. And during the p

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