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)

Recent Headlines

in Music

Iron Maiden’s future depends on Bruce Dickinson’s cancer treatment

Fresh
brucedickinson

Iron Maiden's manager Rod Smallwood updated fans on the singer's progress.

in Music

Kurt Cobain’s childhood home up for sale – again

Kurt Cobain

The Nirvana frontman lived in the home up until he was nine, when his parents separated, and then again from age 16 to 20.

in Music

Travis Barker wants Tom DeLonge out of Blink-182 for good

travisbarker

The drummer says he's "not going to force anyone to do anything they don't want to do and it's time to move on."

in Music, Viral Videos

‘Uptown Funk’ sung in cartoon voices

10-overlay2

What if the cast of "Family Guy" sung the hit single by Mark Ronson and Bruno Mars?

in Weird

Different time, same house

clock

What time is it? Depends on which room you're in!