U.S. shoppers spent more online than in retail stores during the shortest winter...
- U.S. shoppers spent more online than in retail stores during the shortest winter shopping season in the past six years, with online sales hitting a record high, a report by Mastercard Inc showed.
“Due to a later than usual Thanksgiving holiday, we saw retailers offering omnichannel sales earlier in the season, meeting consumers’ demand for the best deals across all channels and devices,” said Steve Sadove, senior adviser for Mastercard. “E-commerce sales hit a record high this year with more people doing their holiday shopping online,” Sadove said.
The apparel category registered stronger-than-expected e-commerce growth, Mastercard’s data showed, with online sales rising 17%.
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