Retail Sales Stayed Strong During the Holiday Season
28 December, 2017, 01:49
Sales of electronics and appliances increased by 7.5 percent, the largest increase in a decade according to Mastercard.
The SpendingPulse report details holiday shopping from November 1 through December 24 and covers retail sales across all payment types, including cash and check.
For retailers, it's been a charmed holiday season. The exciting retail growth across several categories should help many retailers post better numbers to close out the year, though they'd be smart to invest in their e-commerce capabilities in order to build on the success of the holiday season by capitalizing on increasing online shopping.
Moderate gains at specialty apparel and department stores, which Mastercard described as "particularly impressive given recent store closings".
"I think people were a little too negative going into this holiday season", said Sarah Quinlan, senior vice president of Market Insights at Mastercard.
"Overall, this year was a big win for retail", Ms. Quinlan said.
Pot use among pregnant women rising, study says
According to the Journal of the American Medical Association , more pregnant women in the Golden State are smoking pot than ever. The legalization of marijuana may have contributed to the increase in use found by the study, KABC reported .
Although Quinlan admitted that the strong USA economy was a contributing factor, an upgraded customer experience also helped.
Remember those Christmas promotions right after Halloween and into the first weeks of November? The Saturday before Christmas Eve was second only to Black Friday in single-day spending. This was a boon to certain categories, including jewelry.
The findings were based on aggregate sales activity in the Mastercard payments network, along with survey based-estimates for other forms of payment, including cash and checks, Mastercard said.
Shoppers across the US were spending large sums of money prior to the tax bill by the Republicans that promised tax cuts was passed, said reports that analyzed holiday spending habits. Jewelry grew 5.9 percent, largely driven by last-minute sales. In addition to the United States, SpendingPulse is available in select markets around the world.
Rising retail sales - especially for bigger-ticket durable goods - were a sign consumers were feeling good about the economy and would be more willing to open their wallets, Quinlan said.
For instance, their City Edition uniform features a signature snakeskin-like Black Mamba print and LA/24 on the belt buckle. When the stripe of the jersey meets the stipe on the shorts, " Always Lead " is printed directly above the jersey tag.
The meeting was arranged at the foreign ministry and the "guests" were given VVIP protocol, which invited all-round criticism. Jadhav's meeting with his family, he said, was a positive gesture from Pakistan's side as the country had nothing to hide.
Felix Gedney, deputy commander of strategy and support for the coalition, told reporters during a Pentagon briefing on Wednesday. USA troops have served as advisers on the ground with Iraqi government forces and with Kurdish and Arab groups in Syria.
At the First Lady's request wood from the tree will be preserved, as will seedlings to facilitate the planting of a new magnolia. While the tree will no longer be a part of the White House vista, there are efforts being made to ensure the wood is preserved.
The difference between the standard Nintendo Switch cartridge capacity and the upcoming 64GB cartridge can be massive. A report from the Wall Street Journal claims that Nintendo aims to release the 64GB game cards to developers in 2019.
The crew was sent to Virginia Tuesday, where they'll be loaded onto a barge and transported to the USA territory. Ameren co-workers will work in the Carolina Region, located on the northeast coast immediately east of San Juan.
Before the Kansas City Chiefs take another stab at postseason success , they will take a sneak peek into their future. But if Mahomes play well, it could make the Chiefs a little more comfortable in moving on from Smith this summer.
On Monday, the race vehicle driver got roasted by the internet after publicly shaming his nephew for wearing a princess dress. Never liked Lewis Hamilton . "Stop suffocating him, it'll only make him want to do it all the more&upset him".
Before the vote , the United States president, Donald Trump said at a cabinet meeting: "Let them vote against us". Tzur even suggested he would consider inviting Trump to the opening of the park in April 2018.
New York City's Department of Buildings warned people to secure construction sites, buildings and equipment for the high winds. The last time it snowed on Christmas Eve in Chicago was in 2013, when the area saw less than half an inch accumulate.
Star Wars actor Alfie Curtis dies
Hoards of fans have taken to Twitter to mourn the actor's death. "I don't like you either" is still the best delivered". His cause of death has not been confirmed but was confirmed by the website Comic Book Star Wars .
Temperatures in the Teens Tonight
A scattered snow chance will continue through the day on Saturday with the best chances still remaining north. But winds from the northwest, gusting more than 20 miles per hour at times, make it feel like the teens.
Several dead following crash near Abilene
The Montana Highway Patrol reports the crash, which is believed to have been a head-on, happened just before 3 p.m. near Ravalli. Another vehicle also going eastbound hit the Traverse, which made it run off the roadway and overturn.
Power outage strikes Disneyland in California
A park spokesperson said power has been restored to a majority of the park, although though some rides may still be affected. KABC reports that the park was near capacity when the outage occurred in both Fantasyland and Toontown.
Cold weather to stick around Wednesday
However it does fall well below the average temperature. "At that temperature, frostbite can set in in as little as 30 minutes". A "cold Arctic air mass" is expected to hit the Upstate from the north later this week, according to the weather service.
Flu On The Rise In Tri
Hafiz stressed the importance of getting vaccinated, especially to protect the young, old and those with medical conditions. Miller stated PHDM does have some idea of which viruses have been appearing most regularly during the current flu season.
Christmas storm brings record snow to Erie
CBS Pittsburgh reports travelers were forced to reconsider their plans to drive through northwestern Pennsylvania. The previous record was the 44 inches that fell in Morgantown in March 1958.