According to Mastercard, curbside pickup and delivery fueled online sales, while in-store shopping rose 2.9%. The 2024 holiday season proved fruitful for U.S. retailers, with total retail sales (excluding automotive) increasing 3.8% year-over-year, according to Mastercard SpendingPulse.
U.s. Holiday Sales Up 3.8% As Shoppers Hunt For Value
Tracy Brown Hamilton, Fast Company
Thu, 12/26/2024 - 2:04pm
BING NEWS:
- Last-minute bargain hunters send holiday retail sales higher than last year, Mastercard says
By Savyata Mishra and Siddharth Cavale (Reuters) -Price-conscious holiday shoppers opened their wallets for last-minute online discounts on clothing and stocking stuffers, potentially benefiting ...
12/26/2024 - 6:17 am | View Link - Holiday shoppers increased spending by 3.8% despite higher prices
Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to new data. Holiday sales from the ...
12/26/2024 - 4:43 am | View Link - 'Returnuary' begins: How shoppers and retailers navigate post-holiday returns
As the holiday season ends, January emerges as "Returnuary," a peak period for returns and exchanges, with the National Retail Federation predicting returns will make up 17% of U.S. merchandise sales ...
12/26/2024 - 3:21 am | View Link - Holiday sales jump more than expected as retailers slash prices
Heading into the holiday season, many US retailers described their consumers as “selective,” “cautious” and “conservative,” and making “needs-based” ...
12/26/2024 - 2:54 am | View Link - Holiday shopping surges, flexing strength of US economy
The holiday sales growth suggests the U.S. economy has remained robust, even amid high borrowing costs. Gross domestic product grew at a solid 2.8% annualized rate over three months ending in ...
12/26/2024 - 2:30 am | View Link - More
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