News Bureau

Jewellery Tops US Thanksgiving Weekend Sales: Mastercard

Jewellery was the biggest driver of Thanksgiving weekend retail sales growth in the US, according to Mastercard SpendingPulse, a consultancy that provides market intelligence and retail analytics. Jewellery sales during Thanksgiving weekend were up 78.4% compared with 2020, it said.

Shoppers drove US retail sales during Thanksgiving weekend up +14.1% year-over-year and +5.8% compared to 2019, excluding auto.

In-store sales rebounded, increasing +16.5% year-on-year while e-commerce sales experienced sustained growth, up +4.9% versus 2020 for the weekend running 26th November through 28th November.

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