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December 27, 2007

Last Minute Shopping Boosts Holiday Sales

Heavy discounting helped spur sales in the last days before Christmas, according to data released by MasterCard SpendingPulse.

In the last weekend before Christmas sales spiked 18.7% over the same period last year. This compares to a relatively small gain over the entire holiday season. Between Thanksgiving and the Monday before Christmas in store and online sales increased by just 3.6%, according to MasterCard.

Posted by Blacks on December 27, 2007 02:42 PM

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