Shoppers Returning in Droves

12 Jul Shoppers Returning in Droves

Shoppers have begun returning in droves according to MasterCard’s latest SpendingPulse report. Year-over-year U.S. retail sales increased 11% in June. That’s no surprise with widespread re-openings but what I didn’t expect is that somehow eCommerce volume also continued its’ upward trend in June with an 8.3% bump.

We’re certainly returning to in-person shopping with enthusiasm but so far, our appetite for eCommerce keeps growing too. I wonder how long consumers can keep this up following 15 months of tightened credit card underwriting. #retailsales #ecommerce #spendingspree