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MasterCard Advisors: Hurricane Sandy takes a bite out of early November sales
Purchase, N.Y. -- Spending in most of the key holiday categories, for the first two weeks of the retail month of November was down on a year-over-year basis, according to a SpendingPulse report released by MasterCard Advisors, the professional services arm of MasterCard. Apparel and luxury (excluding jewelry) were particularly hard hit, both showing year-over-year declines in the high 7% range.
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Clutter cutter Shopilly adds digital muscle to board
Silicon Valley startup Shopilly named Dickson Chu to its board of directors.
Shopilly was founded this year to streamline and organize multi-channel retailer communications across hundreds of brands and thousands of daily messages. The company described Chu as someone who has more than 25 years experience at the intersection of financial services, customer insights and the strategic use of technology. Most recently he was SVP of merchant solutions at LivingSocial where he was charged with creating a new business unit.