Wednesday 15 September 2021

Jewelry Sales Expected to Rise in The US For Holiday Season

Jewelry Sales Expected to Rise in The US For Holiday Season

Mastercard SpendingPulse revealed that US holiday retail sales are expected to grow 7.4% in 2021. Consumers are expected to spend online 7.6% more than last year.

Sales of Jewelry in the US between November 1 and December 24 are expected to be  59% if compared to the same period last year.  According to Mastercard SpendingPulse™, due to savings and government stimulus, consumers have the means and the willingness to spend more through the holiday season this year.

Steve Sadove, senior advisor for Mastercard said: “This holiday season will be defined by early shopping, bigger price tags and digital experiences. Over the past two years, retailers have learned a lot about what shoppers want and need, bringing us into an exciting new age of retail resilience.” 

 

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