Retailers Feel Shoppers’ Christmas Cheer

Mony
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Retailers are enjoying some extra Christmas cheer.

Fueled by high consumer confidence and a robust job market, U.S. retail sales in the holiday period rose at their best pace since 2011, according to Mastercard SpendingPulse, which tracks both online and in-store spending.

Sales, excluding automobiles, rose 4.9% from Nov. 1 through Christmas…

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