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MasterCard: Initial Holiday Shopping Increases In-Line with Forecast

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Purchase, NY–It may have been a hit or miss season as far as particular shopping categories are concerned, but overall, retail sales during the Black Friday to Christmas Eve period—excluding automotive sales—increased 5.5%. This increase is in line with original MasterCard SpendingPulse forecasts and reflects one additional shopping day this …

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Preliminary Reports: Holiday Sales Worst Since 2008?

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Purchase, NY–Retailers will be hoping that their post Christmas sales help boost what some retail analysts say has been a lackluster season at retail. According to MasterCard Advisors SpendingPulse,which tracks all payment types including credit cards, cash and checks across apparel, electronics, luxurygoods, online and furnishings, holiday-related sales rose a …