Household Appliance Stores, Lumber & Building Stores, and Automotive Tire Stores will be among the “winners” in December consumer spending, according to ETA’s U.S. Retail Holiday Spending Report Card, powered by TSG. TSG used predictive modeling to relatively “grade” estimated credit/debit same store sales for the month of December, which established the winners. The data leveraged is sourced from TSG’s data warehouse of over 3.5 million card-accepting merchants in the U.S. and the modeling utilized 57 consecutive months of spending by merchant type (MCC code).
Recent Posts
- TSG Announces 2021 Top Performing Payment Gateways
- Cardknox adds Google Pay to expand e-commerce payment solutions
- Alma raises $59.4 million for its Klarna-like payment option
- Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st century
- TransactionWatch – Week of January 18th – January 22nd
- Payoneer in SPAC Merger Talks
- China plans tougher antitrust rules for non-bank payments industry
- Payments Startup Payoneer in Merger Talks With SPAC
- TikTok’s Chinese version Douyin launches an e-wallet
- PPRO Raises $180 Million for the Next Era of Local Payments Infrastructure, Is Now Valued Over $1 Billion