Retail News: Best Holiday Season Since 2007


Holiday procrastinators packed stores Friday morning, grabbing those last few presents, snagging gift cards and the finishing touches for Christmas dinner. For stores, this 11th-hour dash caps the best holiday season since 2007.

Also, online sales rose 15.4% according to a MastercardSpendingPulse report. Gains were led by apparel, where online shopping accounted for 18.8 percent of overall sales in that category, up from 16.9 percent in 2009.

MasterCard SpendingPulse™ is a macroeconomic indicator that reports on consumer spending in a variety of categories—from gasoline to apparel—in the United States (total retail sales and industry reports) and the United Kingdom (total retail sales only). is an Amazon Associate website, which means that a small percentage of your purchases gets paid to at no extra cost to you. When you use the search boxes above, any Amazon banner ad, or any product associated with an Amazon banner on this website, you help pay expenses related to maintaining and creating new services and ideas for a resourceful website. See more info at