Mastercard
Key Takeaways U.S. Black Friday retail sales rose 3.4% from last year, according to a new report from Mastercard. The Mastercard SpendingPulse survey said e-commerce sales jumped 14.6% but in-store sales rose just 0.7%. A number of retailers have noted in recent quarters that U.S. shoppers have been waiting for sales to pick up desired […]
Black Friday sales in the US increased 3.4% in 2024 compared to the previous year, according to preliminary data from Mastercard SpendingPulse. Black Friday remained one of the biggest days of the season despite retailers offering early deals in the days leading up to the Thanksgiving holiday, the report observed. Mastercard SpendingPulse measures in-store and […]
Mastercard SpendingPulse reports U.S. retail sales excluding automotive increased +3.4% on Black Friday 2023 compared to last year. E-commerce sales showed significant growth of +14.6%, while in-store sales rose modestly by +0.7%. Jewelry, Electronics, and Apparel emerged as top gift sectors, with Apparel showing particular strength in online sales. The […]
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants who accept their credit and debit cards. U.S. District Judge Margo Brodie in Brooklyn said she was not likely to grant final approval to the […]
(Reuters) – Mastercard Spendingpulse said on Saturday that U.S. retail sales on Black Friday rose 2.5% year-over-year excluding automotive sales, not adjusted for inflation. In September, Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, said it anticipated U.S. retail sales, excluding automotive, to grow 3.7% during the holiday season, […]
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