Holiday Jewelry Sales ‘Lag Behind’ at U.S. Stores
December 29, 10
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The analysis states that there were six days that surpassed $1 billion in sales compared with 3 days in 2009. Top days included Tuesday November 30, which registered $1.16 billion in sales, and Wednesday December 1, registering $1.13 billion.
The Monday after Thanksgiving generated $999.3 million in sales, a 25.3 percent increase compared to the Monday after Thanksgiving in 2009.
These figures are higher than comScore’s figures that indicate a 12 percent year-over-year increase in sales. SpendingPulse reports on U.S. retail and services sales and is based on aggregate sales activity in the MasterCard payments network, coupled with survey-based estimates for all other payment forms, including cash and check.
“Today eCommerce accounts for a much larger share of overall retail sales compared to a few years ago. And during this holiday season, it registered double digit growth for 6 out of 7 weeks,” noted Michael McNamara, vice president, for MasterCard Advisors SpendingPulse.