Retail read: Holiday season sales rose 2.3%, jewelry outperforms

|By:, SA News Editor

Holiday sales rose this year by 2.3% to easily top last year's 0.7% rise, according to fresh data from MasterCard Advisors. The mark falls short of the early projections from ShopperTrak and the NRF.

Jewelry (ZLC, SIG, NILE, TIF) and children's clothing were two categories that showed strong gains.

The shift to online channels was pronounced this year with mall traffic slow.  Online sales for the holiday season were up at a double-digit pace, but also fell short of some forecasts.

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