Report: Holiday Sales Improved Almost 8%
The 2022 Holiday season’s total revenues grew by 7.6% over the prior year, according to preliminary figures from Mastercard SpendingPulse for all forms of payment and channels from Nov. 1 through Dec. 24. The analytics firm found online sales led growth with an 10.6% gain, while in-store sales were up 6.8%. Black Friday again ranked as the top spending day, increasing 12% over 2021, with December Saturdays not far behind. SpendingPulse did not include its 75-day, Oct. 11 to Dec. ... Log in to view full article.