← Back to News
June 22, 2020

Retail on the rebound?

Shopping
0 min read

E-commerce sales increased 92.7% year-over-year in May, consumer spending appears to be normalizing in a number of markets, and furniture sales grew 7.5 percent year-over-year in May, the strongest growth rate for the sector since August 2018, according to a report release recently.

The report, Mastercard SpendingPulse, tracks overall retail sales across all payment types including cash and check. The report released earlier this month estimated $53 Billion in additional U.S. E-commerce sales as pandemic drives consumers online in April and May.

Check out the report here.

See All News
© 2024VanNoppen Marketing. Powered by Upstairs. | Privacy Policy | Terms of Service | Accessibility