Shoppers were looking for deals this holiday season and they found them. Mastercard released its preliminary “Spending Pulse” report Thursday, which excludes car purchases. Mastercard found retail sales increased by 3.8% compared to last year, including sales from November through Christmas Eve. The uptick in spending outpaced inflation, which increased by 2.7% in the 12-month period ending in November.Shoppers spent more on apparel, electronics, and jewelry.
These 5 reputable sites let you sell gift cards onlineShoppers increasingly turned to online shopping first, with online sales growing faster than in-store sales. Mastercard points out that shoppers were looking for deals with concentrated e-commerce spending during some of the biggest promotional periods, such as Black Friday.
Nearly half of parents are going into debt over Christmas gifts