us retailers news and archive

US retail sales up 3.8% this holiday season according to Mastercard SpendingPulse

This Christmas season proved to be a merry one for US retailers, with retail sales increasing 3.8 percent year on year from November 1 to December 24, according to insights from Mastercard SpendingPulse. "The holiday shopping season revealed a consumer who is willing and able to spend but driven by a search for value as can be seen by...

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Holiday return fraud to cost US retailers over 2.45 billion pounds

Whilst a number of British consumers seem to turn to online marketplaces such as eBay to get rid of unwanted Christmas presents, overseas Americans tend to go for the more direct way of shifting unneeded gifts: returns. An increasing number of US consumers are willing to return unwanted gifts, with an estimated 64.67 billion dollars, or 41.71...