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MA-MASTERCARD INC

Mastercard Reports 3.4% Increase in U.S. Retail Sales on Black Friday, Driven by 14.6% Surge in Online Spending

Thursday

05 December, 2024

Black Friday 2024 saw a notable 3.4% rise in U.S. retail sales, largely fueled by a 14.6% jump in online spending. As consumers adapt to inflation and prioritize value, could this shift signal a permanent change in shopping habits?

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Key Takeaways
  • Mastercard is strategically positioned to thrive amid the increasing shift towards online shopping and digital payment solutions.
  • The surge in consumer confidence and holiday spending forecasts boosts Mastercard's revenue outlook.
  • The rise of value-driven promotions aligns with Mastercard's capabilities to attract consumers.
  • The growing trend of "buy now, pay later" services presents new opportunities for Mastercard's growth.
  • Upcoming events are expected to drive record online sales, further benefiting Mastercard's market position.
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