Mother's Day Flower Power Boost to the Economy

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Mother's Day Flower Power Boost to the Economy

MasterCard Morning Brew Reveals Florist Friday, Over $20M Spent on MasterCard in 2012; Special Edition Features MasterCard Advisors' Sarah Quinlan
and Daddy Blogger Max Kalehoff

To tweet this news, copy and paste: #MorningBrew, #MothersDayhttp://bit.ly/Yu5LWZ


PURCHASE, N.Y.--(BUSINESS WIRE)-- MasterCard (NYS: MA) :

Catch up on all MasterCard Morning Brew segments by visiting newsroom.mastercard.com and searching

Catch up on all MasterCard Morning Brew segments by visiting newsroom.mastercard.com and searching "Morning Brew."

   
WHAT:

No surprise that in the week leading up to Mother's Day there are literally millions of MasterCard transactions happening at florists across the U.S. Data and insights from the MasterCard Worldwide Network tells us that MasterCard (credit and debit) use the Friday before Mother's Day is the busiest, with last year spending totaling over $20 million - that's 35% over the average day in the weeks leading up to Mother's Day. Now that's just a little flower power boost to the economy from floral shops, what will this year bring? And what else is hot on the shopping list for mom?

 

A special edition of the MasterCard weekly Morning Brew video series has Mother's Day facts, figures and more.

 
WHO:

Sarah Quinlan , Senior Vice President Market Insights, MasterCard Advisorsshares insights on U.S. total retail sales. Sarah notes that Mother's Day is also the third busiest day of the year for restaurants, and states that "about $16.2 billion is spent alone on Mother's Day and that Saturday before."

 

AndMax Kalehoff, prominent technology and social media blogger, shares his tips on how to shop for mom and get the kids involved in the process

 
WHERE:

MasterCard Cashless Conversation Blog

 
CONTACT:

Nicole Ward

(914) 249-5303 (office)

Nicole_Ward@mastercard.com


@MasterCardNic

 

MasterCard (NYS: MA) , www.mastercard.com,is a technology company in the global payments industry. We operate the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities - such as shopping, traveling, running a business and managing finances - easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blogand subscribe for the latest news.



MasterCard
Nicole Ward
(914) 249-5303 (office)
Nicole_Ward@mastercard.com
@MasterCardNic

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

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