News

MasterCard: Holiday sales better than last year

MasterCard: Holiday sales better than last year

SHOPPING: Holiday shoppers pass a nutcracker figure in the Georgetown neighborhood of Washington on Christmas Eve, Tuesday, Dec. 24. Photo: Associated Press/Jacquelyn Martin

(Reuters) – The 2013 holiday season, touted to be the worst since 2008, showed strong growth compared to last year, according to data published by MasterCard Advisors SpendingPulse, which tracks customer spending during the holiday season.

Holiday sales between Nov. 1 and Dec. 24 rose 2.3 percent, compared to 0.7 percent a year earlier.

“It was actually a Merry Christmas for retailers,” Sarah Quinlan, senior vice president at MasterCard Advisors, told Reuters, adding that jewelry was the best-performing category during the season.

(Reporting by Siddharth Cavale in Bangalore; Editing by Sriraj Kalluvila)

Latest Stories

4 hours ago in Entertainment

Today in entertainment history: Feb. 11

People gather next to tributes placed near a mural of British singer David Bowie by artist Jimmy C, in Brixton, south London, Monday, Jan. 11, 2016. Bowie, the other-worldly musician who broke pop and rock boundaries with his creative musicianship, nonconformity, striking visuals and a genre-spanning persona he christened Ziggy Stardust, died of cancer Sunday aged 69. He was born in Brixton. (AP Photo/Tim Ireland)

A look back on some of Hollywood's most memorable headlines.

8 hours ago in Albemarle County, Local, Surrounding Counties

Fire Guts Log Cabin Near Dyke

Updated
Greene Logo  112210

A fire has gutted a log cabin in the Dyke area of Greene County.

9 hours ago in Albemarle County, Charlottesville City, Local, Surrounding Counties, UVA

Board Hears New Horror Stories

Updated
Rio-29 interchange rendering (sent to us from VDOT) 021815

The Albemarle Supervisors hear new horror stories from residents of Woodburn Road.

10 hours ago in Albemarle County, Charlottesville City, Local, Surrounding Counties, UVA

Matthew Lawyers Have Revised Deadline

Matthew Jesse In Court 092614 (from SAGA)

The defense lawyers for Jesse Matthew have a revised deadline for requesting a change of venue, if they want to go that route.

11 hours ago in Local, Surrounding Counties

Augusta School Bus Crash Injures Kids

Augusta Seal

An Augusta County school bus carrying middle and high school kids crashed Wednesday afternoon in the Fishersville area.