Americans being stuck at home or out of work this holiday season did not hamper holiday retails sales, according to data compiled by Mastercard SpendingPulse, which tracks overall retail spending across all payment types.
Preliminary data from SpendingPulse found that holiday retail sales, excluding automotive and gasoline, rose 3% this year compared to 2019. Online sales grew 49% year-over-year.
“American consumers turned the holiday season on its head, redefining ‘home for the holidays’ in a...
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