Holiday Sales Gains Slow Year-Over-Year
Holiday retail results came in +3.1% for the Nov. 1-Dec. 24 period, according to preliminary results from Mastercard Spending Pulse, tracking in-store and online sales across all payment forms (excluding auto). The total underperformed Mastercard’s own 3.7% growth forecast, and was well below last year’s 7.6% jump. E-commerce led with a 6.3% gain, while brick-and-mortar grew 2.2%. Amidst the worries of ... Log in to view full article.
