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

yesterday in Entertainment

Today in entertainment history: April 24

bobdylan

A look at some of the biggest Hollywood headlines of days past.

yesterday in Local Sports

The Seahawks announce 2014-15 schedule

FILE - In this Oct. 2, 2011, file photo, taken with a fisheyelens, the Seattle Seahawks and Atlanta Falcons play during an NFL football game at CenturyLink Field in Seattle. Opened in 2002, the stadium's signature roof canopies and rainbow-like trusses hang over the field to protect most of the seats and trap in the crowd noise.

The defending Super Bowl champion Seattle Seahawks will open their title defense on Thursday, Sept. 4, against the Green Bay Packers.

yesterday in Local Sports

Seager’s 2 HRs give Seattle 5-3 win over HoustonĀ 

seattle mariners mlb kyle seager

Mariners snap a 8 game losing streak to avoid AL West cellar.

yesterday in Sports

Emmert supports more efficient, effective NCAA

NCAA President Mark Emmert answers a question at a news conference Sunday, April 6, 2014, in Arlington, Texas.

NCAA President Mark Emmert believes college sports can address the concerns of union organizers without changing the entire model.

yesterday in Local Sports

Seattle signs Trufant, CB expected to retire

seattle seahawks logo generic

Seattle announced the signing Wednesday and said Trufant was expected to announce his intentions during a news conference Thursday.