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Holiday sales make season bright for retailers

Posted at: 12/27/2013 1:16 AM
Updated at: 12/29/2013 5:25 PM



Experts say this was Merry Christmas for retailers.

According to Mastercard Advisors' spending-pulse report, holiday sales this year were better than last year, even though there were 6 fewer shopping days.

Between November 1 and December 24, sales rose 2.3% percent, compared to 0.7% a year ago.

Some analysts have called this holiday season the most competitive since the recession in 2008, as retailers slashed prices and used other incentives to convince people to buy.