Holiday bust? Not quite.
Even though there was a pandemic raging in the U.S. overall retail sales rose 3% during the 2020 holiday season.
A report by Mastercard on Saturday indicated that ecommerce sales jumped 49%. The report showed that customers shopping habits turned to digital as in-store shopping was reduced in parts of the country, or fears of making contact with someone COVID positive grew.
Holiday e-commerce sales made up 19.7% of total retail sales this year, according to Mastercard.
Another interesting note from the report was that home furniture and furnishings cateogry jumped 16.2% in 2020. People were spending more time at home, which prompted an increase in spending. Electronics and appliances also jumped 6% this year.
Dining out, travel, and leisure purchases declined in 2020.Want the latest headlines in your inbox each morning? Click here to sign up for our Morning Edition and Sunday Insight newsletters. They are dedicated to keeping you in the know. You can also download the FingerLakes1.com App for Android (All Android Devices) or iOS (iPhone, iPad)