Amazon, Kohl's, other retailers poised for big spike in online holiday sales

Published November 22, 2016 5:48 PM CST

Shoppers are expected to spend even more money this holiday season.

The National Retail Federation has estimated shoppers will spend an average of $935 during November and December of 2016.

That would be a 3.6 percent increase from 2015.

But online sales are expected to grow even more -- between seven and 10 percent over 2015 -- to more than $117 billion.

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