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Mastercard: Strongest holiday shopping season in six years

The Purchase-based company reported sales up 5.1 percent this holiday season from last, reaching $850 billion.

E-commerce leads back-to-school sales

Brick-and-mortar businesses take a hit while e-commerce sees an increase

Holiday retail sales take a hit as cliff fears weigh on...

In-store and online retail sales from Oct. 28 to Dec. 24 increased 0.7 percent relative to the same period a year ago, according to a report released Dec. 25.

Report: Holiday retail sales growth weak

Factors ranging from fear over the impending fiscal cliff to inclement weather contributed to a smaller-than-expected increase in holiday retail spending, according to MasterCard Advisors' Dec. 25 SpendingPulse report.