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Customer relationship management services provider Salesforce reported online retail sales during the 2024 holidays surged to a record $1.2 trillion globally and $282 billion in the United States, but the company noted subsequently high product returns could dampen overall profit margins.

Mastercard reported a 3.8% year-over-year increase in U.S. retail sales, excluding automotive, from November 1 through December 24, according to preliminary results from Mastercard SpendingPulse, which measures in-store and online retail sales.

The Container Store filed for Chapter 11 bankruptcy protection with a lender-backed plan for emerging as a private company, signaling the end of a proposed investment in The Container Store by Beyond, Inc.