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  • Kim Bhasin

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Shoppers Spent Big This Holiday Season, Despite Economic Pressures

Consumers spent 3.9 percent more from Nov. 1 to Dec. 21 this year compared with last year, according to a Mastercard report on holiday spending.

Nike’s Struggles Continue, but Turnaround Plan May Be Working

Quarterly sales rose slightly for the world’s largest footwear company despite weak results in China and with its Converse brand.