Thursday, January 2, 2020

Holiday sales up 3.4%, fueled by big online increase

HBS Dealer
It’s looking as if retailers got the happy holiday that they were expecting — despite having six fewer days to complete their shopping.

According to Mastercard SpendingPulse, holiday retail sales increased 3.4% (excluding auto sales) with online sales growing 18.8%, compared to 2018. The Mastercard SpendingPulse report provides insights into overall retail spending trends across all payment types, including cash and check.. . . more