The 75 Days of Christmas: U.S. Holiday Retail Sales Expected to Grow 2.4%* this Expanded Season Compared to Last Year, According to Mastercard SpendingPulse
With social distancing measures in place and health concerns running high, e-commerces share of overall retail sales is expected to jump from approximately 14% in 2019 to over 20% in 2020.
- With social distancing measures in place and health concerns running high, e-commerces share of overall retail sales is expected to jump from approximately 14% in 2019 to over 20% in 2020.
- We can expect this to continue into November with Singles Day in China and extending through the season.
- Mastercard SpendingPulse defines U.S. retail sales as sales at retailers and food services merchants of all sizes.
- Sales activity within the services sector (for example, travel services such as airlines and lodging) are not included.