Consumers splurged throughout the season, making it a "resurgent season" for retailers as shoppers stocked their carts with gifts and gadgets, according to Mastercard SpendingPulse for holiday retail sales.
Excluding automotive, sales increased 8.5% year-over-year this holiday season, running from Nov. 1 through Dec. 24.
Consumers shopping in stores rose 8.1% year over year, while online sales grew 11% compared to the same period last year, the preliminary insights show.
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