(CNBC) As shoppers kick off a wave of returns and exchanges or rush in to spend gift cards, retailers appear to have reason to celebrate: Holiday spending rose 8.5% compared with a year ago, according to Mastercard SpendingPulse. The gain was slightly less than the 8.8% increase that Mastercard had predicted, but it was the biggest annual increase 17 years.
Holiday sales jumped 8.5%, Mastercard says, as shoppers shrug off higher prices
This entry was posted in Syndicated. Bookmark the permalink.
