Black Friday spending in U.S. retail stores was muted this year, in contrast to a more robust rise online, as bargain-hungry Americans skipped stores in favor of their phones and laptops.
This according to data from Mastercard and other data providers.
According to preliminary estimates by payments processor Mastercard, sales at brick-and-mortar stores grew just 0.7% year-over-year, while data firm Facteus says they were lower.
But Mastercard SpendingPulse is reporting U.S. e-commerce sales increased by 14.6% online.
The estimates aren't adjusted for inflation which would make them lower.
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