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Mastercard: Holiday eCommerce Sales Grew 18.8 Pct YOY

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Mastercard: Holiday eCommerce Sales Grew 18.8 Pct YOY

  • Even with sluggish sales at physical stores, total retail numbers were near $880 billion
  • Online spending reflected 15 percent of the total, up 18.8 percent over the same period last year
  • Then the physical stores comprised just 1.2 percent of total sales
  • Department store sales actually dropped 1.8 percent, Mastercard’s SpendingPulse report shows
  • Then eCommerce sales hit a record high this year, with more people doing their holiday shopping online
  • Year-over-year eCommerce sales were up 17 percent in specialty apparel, 8 percent in jewelry, 7 percent in electronics and 9 percent in department stores

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