"Whether for a family barbecue, returning to the office or senior prom, it seems like everyone is out shopping for something."

Steve Sadove, senior adviser for Mastercard and former CEO and chairman of Saks Inc., commenting in the Mastercard SpendingPulse statement last week, as reported by Pymnts.com in its story, “Mastercard: April U.S. Retail Sales Up 7.2 Percent YoY.” The SpendingPulse reported showed that in-store sales rose 10 percent in April year-over-year, while e-commerce sales dropped 1.8 percent last month YoY.