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, Weird

New Jersey Christmas tree controlled by tweets

Fresh
treetweet

Twitter users anywhere in the world can control the lights on this holiday display.

in Music

Alice Cooper hosts star-studded Christmas show

Fresh
alicecooper

Rocker served up a real Christmas treat to fans at his annual festive benefit last week

in Entertainment

Leaked Sony emails reveal Idris Elba in line for ‘Bond’

idriselba

A leaked Sony email named British actor Idris Elba as the frontrunner to replace Daniel Craig as James Bond.

in Music

Rolling Stones thank fans for ’14 tour

23-overlay3

The group thanked fans and suggested there may be more shows planned for 2015.

in Music

Phil Rudd: ‘I want my job back’

philrudd

AC/DC drummer Phil Rudd is determined to clear his name and return to the band after his upcoming court case.…