A CreditCards.com report predicts that almost half of Americans will not be shopping at stores that were affected by a data breach recently, such as Target, Neiman Marcus and Home Depot, for the upcoming holiday season.
However, the report showed that households with the highest incomes of $75,000 or above were the least likely to avoid these stores; with a mere 31 per cent stating they wouldn’t shop at these retailers. The report also showed that women are more likely to forgive the data breaches than men.
The use of credit cards for the upcoming holiday season proved to be the most popular option, while 48 per cent of credit and debit card owners state they will pay with cash.
