Reuters
- US shoppers spent more online than in retail stores during the shortest winter shopping season in the past six years, with online sales hitting a record high, a report by Mastercard Inc showed.
- The holiday shopping season is a crucial period for retailers and can account for up to 40% of annual sales.
- But this year, Thanksgiving, which traditionally starts the US holiday shopping period, was on Nov. 28, a week later than last year's Nov. 22, leaving retailers with six fewer days to drive sales between Thanksgiving and Christmas.
- The data showed sales at department stores fell 1.8% and online sales growth of 6.9%, emphasizing the importance of click-and-collect and online ordering.
- Visit Business Insider's homepage for more stories.
(Reuters) - US shoppers spent more online than in retail stores during the shortest winter shopping season in the past six years, with online sales hitting a record high, a report by Mastercard Inc showed.
The holiday shopping season is a crucial period for retailers and can account for up to 40% of annual sales. But this year, Thanksgiving, which traditionally starts the US holiday shopping period, was on Nov. 28, a week later than last year's Nov. 22, leaving retailers with six fewer days to drive sales between Thanksgiving and Christmas.
See the rest of the story at Business Insider
See Also:
- A Harvard professor says most of us overlook a simple way to be happier because it costs money
- This is how the world's 5 youngest billionaires spend their time and money
- The parent company of Taco Bell, KFC, and Pizza Hut is increasingly likely to acquire more chains, and it reveals a massive shift in the fast-food industry
from Feedburner https://ift.tt/2QkCqOx
No comments:
Post a Comment