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Retailers see biggest spike in sales since 2011
Report shows holiday sales are up 4.9%, as shoppers continue spending right up until the last minute
Add BT as a preferred sourcePublished Wed, Dec 27, 2017 · 09:50 PM
Washington
CONSUMER confidence, robust online shopping activity and a slew of procrastinators helped boost holiday retail sales this year to record-setting numbers, preliminary reports show.
Holiday sales increased 4.9 per cent over the previous year, marking the largest year-over-year increase since 2011, according to the latest Mastercard SpendingPulse report, which tracks retail spending by all payment types. Its figures do not include automotive sales.
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