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In-store and online sales post good gains according to Mastercard report.
December 27, 2021
By: TOM BRANNA
Editor
Despite supply chain issues and Covid-19 concerrns, US retail sales were strong in the weeks leading up to Christmas. According to Mastercard, 2021 US holiday retail sales, excluding automotive, increased 8.5% year-over-year for the period Nov. 1 to Dec. 24, 2021. Online sales grew 11% compared to the same period last year. The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment and defines the holiday season as November 1 through December 24. “Sho...
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