Retail Sales Imploded In November (MA)
December 3, 2008 by Douglas A. McIntyre
Mastercard (MA) has a unit which tracks retail sales. The numbers that it posted for November are almost too horrible to believe.
According to The Wall Street Journal, new data from MasterCard SpendingPulse shows that "sales fell 20% from year-ago levels at apparel and department stores combined, 24% at luxury stores and 25% at electronics stores."
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Douglas A. McIntyre
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