Holiday retail sales up nearly 8% according to Mastercard

Discounts and deals apparently swayed people into spending more this holiday season.

CNN— Discounts and deals apparently swayed people into spending more this holiday season.

On Monday, Mastercard reported holiday retail sales in the U.S. jumped over 7.5% compared to last year.

The company looked at sales in store and online from November 1 through December 24.

Preliminary figures show online sales grew over 10.5% compared to the same period last year.

Black Friday was still the top day for shopping with sales up more than 12% from last year.

 

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