News...
                        sponsored by
 

U.S. holiday sales better than last year: MasterCard

Send a link to a friend 

[December 26, 2013]  (Reuters)  The 2013 holiday season, touted to be the worst since 2008, showed strong growth compared with last year, according to data published by MasterCard Advisors SpendingPulse, which tracks customer spending during the holiday season.

Holiday sales between Nov. 1 and Dec. 24 rose 2.3 percent, compared to 0.7 percent a year earlier.

"It was actually a Merry Christmas for retailers," Sarah Quinlan, senior vice president at MasterCard Advisors, told Reuters, adding that jewelry was the best-performing category during the season.

(Reporting by Siddharth Cavale in Bangalore; editing by Sriraj Kalluvila)

[ 2013 Thomson Reuters. All rights reserved.]

Copyright 2013 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

< Top Stories index

Back to top