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online sales

Mastercard SpendingPulse: U.S. Retail Sales Grew 3.0% This Holiday Season

3 mins read

The FINANCIAL -- According to Mastercard SpendingPulseTM, holiday retail sales excluding automotive and gasoline increased 3.0% this expanded holiday season, running from October 11 through December 24. Notably, online sales grew 49.0% compared to 2019, the preliminary insights show. Mastercard SpendingPulse measures overall retail spending trends across all payment types, including cash and check.…

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Mastercard SpendingPulse: U.S. Retail Sales Grew 3.0% This Holiday Season

3 mins read

The FINANCIAL -- According to Mastercard SpendingPulseTM, holiday retail sales excluding automotive and gasoline increased 3.0% this expanded holiday season, running from October 11 through December 24. Notably, online sales grew 49.0% compared to 2019, the preliminary insights show. Mastercard SpendingPulse measures overall retail spending trends across all payment types, including cash and check.…

Inditex delivers Euro 866 million net profit in the third quarter, and reaches historic net cash position

18 mins read

The FINANCIAL -- According to Inditex, the company has managed to turn around the impact caused by the Covid-19 pandemic, generating a net profit of Euro 671million in the nine months of FY20, Euro 866 million in the third quarter. Despite 5% of the stores closed in 3Q and ongoing trading restrictions affecting 88% of…

Take-home grocery sales continue to rise in the UK

5 mins read

The FINANCIAL — Kantar’s latest grocery market share figures show take-home grocery sales rose by 9.4% during the 12 weeks to 4 October 2020. However, in the shorter term, sales increased by 10.6% over the latest four weeks, an acceleration from September. Shoppers are moving a greater proportion of their eating and drinking back into…