Retail Sales in US Grew 8.5% this Holiday Season
FoxBusiness.com says despite a supply chain crisis that has upended sectors of the U.S. economy, holiday retails sales this year increased 8.5% compared with last year, according to the latest figures released by MasterCard.
MasterCard Spending Pulse tracked sales online and in-store, excluding automotive, between November 1 and December 24. Steve Sadove, senior advisor for MasterCard and former CEO and Chairman of Saks Incorporated, attributed the rise to shoppers being....