Mastercard SpendingPulse Sees Weak Holiday Growth
Largely concurring with last week’s forecasts from Deloitte, AlixPartners and others, Mastercard SpendingPulse expects retail sales excluding cars to grow 3.7% this Holiday season, as retailers fight for value conscious shoppers. The forecast implies sales will be nearly flat this year, excluding the impact of inflation. Brick-and-mortar sales ... Log in to view full article.
