U.S. Holiday Retail Spending Rises 4.2% as In-Store Sales Lead, Visa Reports
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Visa Inc. reports a 4.2% increase in U.S. holiday retail spending, with in-store sales leading at 73% of payment volume. E-commerce sales grew by 7.8%, and electronics sales rose by 5.8%. Spending on building materials and garden equipment declined by 1.0%. AI is influencing consumer behavior, enhancing shopping decisions.
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