- Sales Volume: Year-over-year e-commerce sales volume is up 12.3 percent, while in-store sales are up 1.0 percent, even with the impact of Superstorm Sandy. The data indicates that retailers are prepped for the holiday shopping season and already offering early sales and promotions, jumpstarting consumer spending.
- Transactions: Transactions are showing a positive trend with year-over-year growth at 25.0 percent and 2.2 percent for online and in-store, respectively.
- Average Ticket Prices: Early indicators point to a continued decline in e-commerce average ticket size, down 10.1 percent year-over-year. In-store ticket sizes saw a smaller decline, down 1.1 percent. This is consistent with last year’s Chase Holiday Pulse, which demonstrated a new trend in spending habits: sales volume rose while average ticket prices declined.
- Key Retail Category changes: Key industries are seeing strong year-over-year growth:
- For e-commerce purchases, sales growth is up 27.2 percent for Consumer Electronics and up 32.5 percent for Mass Market, which comprises of large e-retailers providing affordably priced products such as electronics, apparel, furniture and jewelry.
- For in-store purchases, sales growth is 12 percent for Sporting Goods and up 5 percent for Wholesale Clubs.
Chase Launches 7th Annual Chase Holiday Pulse
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