News

MasterCard: Holiday sales better than last year

MasterCard: Holiday sales better than last year

SHOPPING: Holiday shoppers pass a nutcracker figure in the Georgetown neighborhood of Washington on Christmas Eve, Tuesday, Dec. 24. Photo: Associated Press/Jacquelyn Martin

(Reuters) – The 2013 holiday season, touted to be the worst since 2008, showed strong growth compared to 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)

Recent Headlines

in Local

Christian County Authorities Look for Man Wanted in High-Speed Chase

Fresh
Donald Ray Van Hoose III

Authorities in Christian County are looking for a man they say led police on a high speed chase before fleeing a car on foot.

in Local

Schock Spending Continues to be Scrutinized

Fresh
schock

A new financial report from former Congressman Aaron Schock's political action committee shows campaign money has been spent since he left Congress.

in Local

Duckworth Lawsuit Enters Senate Race

Fresh
tim_schneider

An ethics lawsuit may factor into next year's U.S. Senate race.

in Local

Blagojevich Wants Full Court Appeal

Updated
blagojevich

Blagojevich is hoping the full court will overturn more counts.

in Local

Shooting Death Victim’s Brother Charged with Murder

7-6-15 Shooting

The Sangamon County State's Attorney has charged the older brother of a Springfield teenager shot and killed last week with murder.