ECRM_1170x120_1-10-22

MasterCard SpendingPulse

U.S. retail sales grew 8.5% this holiday season

U.S. retail sales grew 8.5% this holiday season

PURCHASE, N.Y. — It’s been a resurgent season for retailers as consumers stocked their carts with gifts and gadgets. According to Mastercard SpendingPulse, holiday retail sales excluding automotive increased 8.5% year-over-year this holiday season, running from November 1 through December 24. Notably, online sales grew 11.0% compared to the same period last year, the preliminary insights show.

Holiday shopping study shows consumers prefer going online

Holiday shopping study shows consumers prefer going online

PURCHASE, N.Y. — While consumers are returning to their in-store shopping routines, according to a recent Mastercard survey, 56% of shoppers are continuing to prioritize online shopping this holiday season, citing waiting in lines (72%), finding parking (65%), and items being out of stock (47%) as primary reasons. Survey data also shows that when selecting

Study: Consumers plan to shop local this holiday season

Study: Consumers plan to shop local this holiday season

PURCHASE, N.Y. — Consumers are shopping with intention this holiday season and prioritizing small and local businesses, according to a new Mastercard survey. In response to this growing desire to support Main Street and shop with meaning, Mastercard is rewarding cardholders when shopping local through a series of holiday campaigns in select cities nationwide. According

Holiday retail sales projected to grow 7.4%

Holiday retail sales projected to grow 7.4%

PURCHASE, N.Y. – U.S. retail sales should hit an all-time high this holiday season, with consumer spending between November 1 and Christmas Eve increasing 7.4% from a year earlier, according to a forecast released today from Mastercard SpendingPulse. The forecast – which doesn’t include a dollar projection and excludes automotive spending – foresees this year’s

MasterCard SpendingPulse found in-store sales gains in July

MasterCard SpendingPulse found in-store sales gains in July

PURCHASE, N.Y. — Retail sales in the U.S. grew for the 11th consecutive month in July, according to Mastercard SpendingPulse,  a survey that measures in-store and online retail sales across all forms of payment. Sales for the month increased 10.9% compared to July 2020. That figure, which excludes automotive sales and gasoline, is nearly quadruple the

Retail sales in February up despite bad weather

Retail sales in February up despite bad weather

PURCHASE, N.Y. — U.S. retail sales grew 4.6% in February despite winter storms that blasted much of the country, according to Mastercard SpendingPulse. Online sales grew 54.7% compared to 2020. Mastercard SpendingPulse, measures in-store and online retail sales across all forms of payment, notes that its sales figures for February were adjusted to account for

Mastercard says holiday retail sales to grow 2.4%

Mastercard says holiday retail sales to grow 2.4%

PURCHASE, N.Y. — Retailers and shoppers have gotten an early start on this year’s holiday shopping season, and that should help lift overall sales. During this newly expanded holiday season, running from October 11 through December 24, Mastercard SpendingPulse is forecasting a 2.4% increase in U.S. retail sales (excluding automotive and gas) compared to the

Retail sales rose 3.4% this holiday season

Retail sales rose 3.4% this holiday season

PURCHASE, N.Y. – Retailers had much to cheer about this holiday season. According to Mastercard SpendingPulse, holiday retail sales increased 3.4%  with online sales growing 18.8% compared to 2018. Mastercard SpendingPulse provides insights into overall retail spending trends across all payment types, including cash and check. “E-commerce sales hit a record high this year with

Holiday retail sales rise for drug chains

Holiday retail sales rise for drug chains

NEW YORK — Chain drug store holiday sales bettered last year’s results, with total dollar volume rising more than 4%. In comparison to the 2016 holiday season, when anxiety over the new administration may have peaked, consumer confidence was up this year, propelled by income gains and the long-running bull market. Chain drug store sales

Holiday retail sales edge up in 2015

Holiday retail sales edge up in 2015

NEW YORK — Drug chains were not immune to the shift in holiday shopping away from brick-and-mortar retailing. Holiday retail sales growth barely exceeded 4%, down from last season’s 4.4% advance and well off the 5.4% gain of five years ago, according to research by Racher Press, the publisher of Chain Drug Review. Same-store sales