Consumers say they will spend an average of $1,007.24 during the holiday season this year, up 4.1 percent from the $967.13 they said they would spend last year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “The holidays are just around the corner and consumers are […]
consumer spending
Halloween Spending to Reach $9 Billion
A press release from the National Retail Federation. Once again, Americans are looking forward to splurging on their favorite candy, costumes and decorations during the Halloween season. According to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics, total spending for Halloween is expected to reach $9 billion, the second highest […]
Millennials are Reshaping the American Mall
There is no doubt that millennials are changing the way the average person shops. They are constantly bringing new ideas and different shopping methods to the retail table and now they are reshaping the American mall, according to retail think tank Coresight Research. Through department store consolidation, a shift to services, growing online apparel sales, […]
Father’s Day is June 17th – Here’s What Dad Really Wants
Consumer confidence translates to heavier holiday spending. This Father’s Day confidence and projected spending are at near-record highs of $15.3 billion, according to the National Retail Federation. According to the annual study, “a total of 77 percent of Americans will celebrate Father’s Day and spend an average of $133 per person.” This expected spending is […]
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