According to Mastercard SpendingPulse, which measures overall retail sales across all payment types, US retail sales are anticipated to grow 7.4% excluding automotive and gas. Consumers are expected to spend online at higher rates (+7.6%) than in 2020, while in-store sales are also expected to see a rebound—growing 6.6% compared to 2020.
With early holiday shopping slated to begin in October, retail sales for the ‘75 Days of Christmas,’ are anticipated to grow 6.8% excluding automotive and gas, and ecommerce sales to grow by 7.5% compared to the same time period in 2020.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright