Retail sales rose 7.6% during the critical holiday season, according to Mastercard SpendingPulse, a measure that tracks online and in-store spending.
International Council of Shopping Centers CEO Tom McGee discusses the holiday shopping season and explains how a TikTok ban could negatively impact some retailers on 'The Claman Countdown.'that runs from Nov. 1 to Christmas Eve, according to Mastercard SpendingPulse, which tracks sales across all payment types.
Shoppers on Market Street in San Francisco, California, US, on Tuesday, Nov, 29, 2022. US retailers eked out modest growth over Black Friday weekend with deep discounts that lured shoppers seeking a reprieve from stubborn inflation. Photographer: Davdifferent than years past," Steve Sadove, a senior adviser at Mastercard and former CEO of Saks Incorporated, said in a statement.
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