More people shopped for decor and furniture during the holiday shopping season - News Report

More people shopped for decor and furniture during the holiday shopping season - News Report
03/January/2021
CNN — Furniture and home improvement items were big sellers this holiday season, helping give retail sales a 3% boost during this year's expanded holiday shopping season, according to a report by Mastercard (MA) SpendingPulse.

Online shopping sales also grew a whopping 49% between October 11 and December 24, further emphasizing how the Covid-19 pandemic has reshaped shopping habits.

Department stores and apparel brands took a plunge in sales falling 10.2% year-over-year and 19.1%, respectively, per Mastercard's report. This comes as many stores have been crushed by loads of debt and changing shopping trends brought on by the pandemic.
Roughly 30 retailers and restaurant chains have been forced to file for bankruptcy... cnn.com



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