File photo
Fleetowner 36637 Christmas Shipping 8 0

Led by e-commerce, 2018 holiday shopping season strongest in six years

Jan. 2, 2019
Holiday sales excluding automobiles rose 5.1% to $850 billion, based on data from Mastercard SpendingPulse.

Holiday sales excluding automobiles rose 5.1% to $850 billion, based on data from Mastercard SpendingPulse.

The total for the period between Nov. 1 and Christmas was the strongest growth in six years and includes a 19.1% surge in e-commerce sales. Mastercard’s data includes credit cards, cash and checks.

“From shopping aisles to online carts, consumer confidence translated into holiday cheer for retail,” Steve Sadove, senior advisor for Mastercard, said in a statement.

While e-commerce sales keep rising, department stores saw a 1.3% sales decline.

In a separate report, Adobe Analytics said $110.6 billion was spent online between Nov. 1 and Dec. 19, making it the biggest online shopping period of all time in the United States.

Amazon.com reported it had a record-breaking season, but has not provided specific sales figures.
 

About the Author

Fleet Owner Staff

Our Editorial Team

Kevin Jones, Editorial Director, Commercial Vehicle Group

Cristina Commendatore, Executive Editor

Scott Achelpohl, Managing Editor 

Josh Fisher, Senior Editor

Catharine Conway, Digital Editor

Eric Van Egeren, Art Director

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!