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US Stock Nuggets | Black Friday sales are hot with surprises! Shopify and Mastercard hit new highs for the year; receiving strong government subsidies, Rocket Lab surged over 6% last Friday.
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"Black Friday" flash report: The United States experiences a stark contrast between offline and online sales, with online shopping expected to set a new record.
Consumers are increasingly inclined to shop online. The data shows that physical store sales growth is less than 1%, while online sales have surged by 14.6%.
Mastercard: Offline sales during the US "Black Friday" were sluggish, while e-commerce consumption saw a significant year-on-year increase of 14.6%.
Gelonghui, December 2 ｜ Data from Mastercard and other data providers shows that this year's "Black Friday" saw sluggish sales at usa retail stores, whereas online consumption grew significantly. According to preliminary estimates from Mastercard, sales at usa retail brick-and-mortar stores increased only 0.7% year-on-year, while e-commerce online sales surged by 14.6%. This indicator measures retail sales through the Mastercard payment network and includes estimates for cash and check payments, which are not adjusted for inflation. According to data company Facteus, physical store sales decreased year-on-year.
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