NEW YORK — Total retail sales this past holiday selling season increased 4.9% compared to 2016 and set a new record for total dollars spent, according to “Mastercard SpendingPulse” study results. That represents the largest year-over-year gain since 2011, the report found. Online shopping increased by 18.1%. The study details shopping activity that occurred from
Results from the recently concluded holiday selling season give the nation’s merchants some reason to celebrate. Retail sales rose 4.9% from November 1 through Christmas Eve, the biggest yearly gain since 2011, according to “Mastercard SpendingPulse.” The report, which combines purchasing activity in the Mastercard network and survey-based estimates for other forms of payment, including
NEW YORK — For 2015, the food, drug and mass retail channel saw holiday sales growth in line with that of recent years. Total sales for discount stores grew 3.3% for the 28-day period between Thanksgiving and Christmas, compared with 3.5% in 2014, according to research by Racher Press, the publisher of MMR. Same-store sales