US Holiday Retail Sales Rise 3 Percent as Online Shopping Booms, Mastercard Reports

US Holiday Retail Sales Rise 3 Percent as Online Shopping Booms, Mastercard Reports
A woman carries Nike shopping bags at the Citadel Outlet mall in Commerce, Calif., on Dec. 3, 2020. Lucy Nicholson/Reuters
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U.S. retail sales rose 3 percent during this year’s expanded holiday shopping season powered by a pandemic-driven shift toward online shopping, a report by Mastercard Inc. said on Dec. 26.

U.S. e-commerce sales jumped 49 percent in this year’s holiday shopping season, from Oct. 11 to Dec. 24, according to the Mastercard SpendingPulse report, underscoring the COVID-19 pandemic’s role in transforming customers’ shopping habits.