data from MasterCard
SpendingPulse™, which looks at U.S. retail sales trends across cards, cash and checks, retail sales excluding auto and gas grew 7.9% during the traditional Black Friday to Christmas Eve shopping season. The biggest winners this season were eCommerce and furniture, with double-digit growth, while electronics and men’s apparel lagged well behind.Commerce grew roughly 20% compared to last year. This is not a total surprise, as 70% of U.S. consumers report doing more research online than before, according to our recent Omnishopper Guide
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