Holiday shopping boom shows the U.S. consumer is healthy

(STL.News) Retail sales rose three percent during the holiday shopping season, according to a report by Mastercard.  The increase was driven by a shift to online shopping, which rose 49% from a year ago.  Steve Sadove, former chairman of Saks Inc. and CEO and now a senior advisor for Mastercard, joined “Squawk Box” on to discuss.

YouTube video provided courtesy of CNBC-TV

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