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 Entertainment

Filmmakers bet on ‘Monopoly’ movie

Fresh
monopoly

SANTA MONICA, Calif. (AP) — “Monopoly” is going Hollywood. Lionsgate says it will turn the classic board game into a…

in Music

‘The Boss’ joins a Beach Boy onstage

14-overlay2

East met West as the Jersey Shore musician jammed with California legend Brian Wilson.

in Entertainment

18 All-American movies for Independence Day

top-gun-1986

Enjoy the holiday weekend with some classic American cinema.

in Entertainment

‘Fatal Attraction’ coming to the small screen

11-overlay1

The 1987 thriller starring Michael Douglas and Glenn Close is set to be adapted for the small screen.

in Entertainment

7 songs for your 4th of July playlist

Patriotic Music

Celebrate the 4th of July the way our founding fathers intended: with an epic playlist.

Weather

condition Condition: Partly Cloudy
Temperature: 75°
High: 83° - Low: 55°