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

in Entertainment

Johnny Depp could face 10 years behind bars down under

Fresh
johnnydepp

The actor could face a stiff punishment for ignoring animal immigration procedures.

in Viral Videos

Coolest Father/Daughter dance of all time

Fresh
18-overlay6

This Father of the Bride said his daughter has always been different so a traditional, sappy dance just wouldn't do!

in National, Weird

From the ‘big house’ to your house: Burglars share break-in tips

Fresh
13-overlay5

Three convicted burglars are sharing tips of their trade in a new YouTube video.

in Sports

NHL Preview: Lightning face off against Rangers in pivotal Game 5

Fresh
18-overlay5

Here's a look at Game 5 in the Eastern Conference Finals.

in Trending, Viral Videos

TODAY’S MUST SEE: A ‘bad lip reading’ of ‘The Avengers’

Fresh
17-overlay6

The "Redneck" Avengers are here for a different kind of adventure.