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MasterCard Newsroom
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In the usa, "Black Friday" store consumer spending significantly increased, with americans' online shopping rising.
According to mastercard and other data providers, this year's consumer activity in usa retail stores is weak, in stark contrast to the strong growth of online spending, as bargain-hunting americans have abandoned stores in favor of using their phones and laptops. According to preliminary estimates from payment processor mastercard, sales at physical stores grew only 0.7% year-on-year, while data from Facteus shows that sales at physical stores have also declined. However, according to mastercard SpendingPulse data, usa electronic...
Black Friday sales accelerating, cni online consumption index becoming a highlight
Retail sales increased by 3.4%, in-store shopping increased by 0.7% after inflation, usa consumers are seeking cheaper goods this year, sales on Black Friday in the usa grew faster, highlighting that picky consumers are still spending when they find the right products. According to mastercard SpendingPulse data, the day after Thanksgiving (start of the traditional holiday shopping season), retail sales (excluding autos) increased by 3.4%. This number exceeded last year's growth and was not adjusted for inflation. In-store sales increased by 0.7%, below last year's pace. E-commerce is a bright spot.
Mastercard SpendingPulse: US Black Friday Retail Sales Up +3.4% Vs. Last Year
Express News | Mastercard Spendingpulse: U.S. Retail Sales Excluding Automotive Were up +3.4% on Black Friday Compared to Black Friday 2023
Express News | Adobe Analytics Says Consumers Spent $10.8 Billion Online on Black Friday in the US, up 10.2% YoY