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Retail

Mastercard SpendingPulse: Thanksgiving Weekend Retail Sales Up 14.1% YOY

U.S. retail sales during Thanksgiving weekend rose 14.1 percent year-over-year and 5.8 percent compared to 2019, excluding automobile sales, with more shoppers heading to stores, according to Mastercard SpendingPulse.

11/29/2021
graphic of retail sales by sector
In-store sales rose dramatically, with apparel driving sales.

PURCHASE, N.Y. -- Shoppers drove U.S. retail sales during Thanksgiving weekend up +14.1% year-over-year and +5.8% compared to 2019, excluding auto. According to Mastercard SpendingPulse, which measures overall retail sales across all payment types including cash and check, in-store sales rebounded, increasing +16.5% YOY while e-commerce sales experienced sustained growth up +4.9% YOY for the weekend running Friday, November 26 through Sunday, November 28. 

Apparel (+51.2%), Department Stores (+19.0%) and Jewelry (+78.4%) were key drivers for the weekend’s growth.
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