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)

What's On 'KLH?

Hire Me MKE


Looking for a job around the Milwaukee area? Check out some openings>>

Wanna Play DJ?


You can host your own show Sunday night at 6 on ‘KLH!

Recent Headlines

in National, World

Many House Republicans want refugee restrictions in spending bill


Nearly one-third of the Republicans in the House of Representatives signed a letter calling on party leaders to ensure that a must-pass spending bill block any use of federal funding to resettle refugees from Syria and nearby countries.

in Sports

Rams’ Bailey in critical condition after shooting


The suspended Rams wide receiver was shot during an incident late Tuesday night.

in Entertainment, Sports

Baseball great Willie Mays, 16 others, receive honors from Obama


Yogi Berra, Barbra Streisand, Itzhak Perlman, and among 14 others were given the highest U.S. civilian honor.