Discover the latest insights on U.S. holiday retail sales with a Mastercard report revealing a 3.1% growth between Nov. 1 and Dec. 24. Shoppers sought last-minute Christmas deals amidst significant promotions, driven by retail giants Amazon.com and Walmart. However, the increase fell short of Mastercard's September forecast of 3.7%, impacted by higher interest rates and inflation affecting consumer spending. Join us as we delve into the holiday shopping trends, discount strategies, and the dynamics shaping the festive retail landscape.
