Christian Retailing

Member Area
NEWSLETTERS Current Issue Easter sales expected to exceed $17 billion
Easter sales expected to exceed $17 billion PDF Print E-mail
Written by Eric Tiansay   
Monday, 18 March 2013 04:38 PM EDT

Americans will spend an average of approximately $145.13 on products ranging from apparel and candy to food and decorations this year, flat with last year's $145.28, according to the National Retail Federation's Easter spending survey, conducted by BIGinsight. Total spending is expected to reach $17.2 billion versus the projected $16.8 billion in 2012.

"With a plethora of budgetary concerns already on their plates, Americans this Easter will look for special, creative ways to celebrate the holiday without breaking the bank," said Matthew Shay, president and CEO of the retail group. "Retailers are already lining their shelves with specials on chocolates, warm-weather apparel and even gardening tools and outdoor furniture."

The survey showed that much of consumers' budgets will go toward food for a holiday meal—86.9% of those celebrating Easter will spend an average of $45.26 on food. Nine in 10 (90.5%) will stock up on Easter candy, spending an average of $20.66. Nearly half (48.4%) will take advantage of sales on fashion and accessories, spending an average of $25.91.

Consumers also will spend an average of $20.82 on gifts for friends and family, $9.49 on flowers and $9.11 on decorations for home and office. Most consumers (63.4%) will shop at discount stores and four in 10 (40.7%) will shop at department stores. Others will shop at specialty stores (24.9%), online (21.1%) and specialty clothing stores (10.6%).

"While many of today's consumers are coping with tight budgets, the Easter Bunny isn't headed toward retirement in 2013," said BIGinsight Consumer Insights Director Pam Goodfellow. "Look for cost-conscious parents to scope the sale racks, head to discounters and clip coupons to keep spending on track—and to make the holiday special for youngsters this year."

Like last year, tech devices will again play a strong role with Easter shoppers this year. More than half (51%) of tablet owners celebrating Easter will use their device to research products, and make purchases and look up store information. Specifically, 22.1% say they will use their tablet to purchase something, and 43.3% of smartphones onwers plan to do the same.

 

Add comment

Please note: While registration is not required to post comments, only registered users can access the advanced feature comment system. To register, click here.
To post a comment without registering, you must provide your "name" and "e-mail."

Under our terms of use, we reserve the right, at our sole discretion, to change, modify or delete your comments at any time without further notice. We also reserve the right to republish your comments in our print publication as a "letter to the editor."


Security code
Refresh

Christian Retailing's Best

In this current issue:

Oklahoma tornado impacts business, staff at Mardel

News image

Mardel Christian & Education stores have been affected by a...

READ MORE

Literary agents take center stage at Christy Awards

News image

Literary agents will take center stage during the 14th Annual...

READ MORE

Yancy's new album offers 'chilled-out worship experience'

News image

A new adult-focused worship album by Yancy, whose songs are...

READ MORE

Carman to release new album, go on tour—despite cancer

News image

Christian music veteran Carman, who was diagnosed with incurable cancer...

READ MORE

Omartian's 'Prayer Warrior' to feature 'robust' social media

News image

Best-selling author Stormie Omartian has partnered with Media Connect Partners...

READ MORE

Phil Robertson's 'Happy, Happy, Happy' debuts on ECPA list

News image

Duck Commander founder Phil Robertson's Happy, Happy, Happy (Howard Books)...

READ MORE

Ministry publisher TGS International signs on with Bookmasters

News image

TGS International, a for-profit subsidiary of Christian Aid Ministries, has...

READ MORE

‘Harbinger’ author to present 2013 Christian Retailing’s Best awards

News image

New York Times best-selling author Jonathan Cahn will present the...

READ MORE

Christian retailers see 10% increase in Mother's Day sales

News image

Christian stores have reported that Mother's Day sales were up...

READ MORE

New chart 'brings significant profile' to Christian music in U.K.

News image

A new weekly sales-based Christian and gospel album chart has...

READ MORE

Rose Publishing offers free training, contest for retailers

News image

Rose Publishing is offering free online training and contest for...

READ MORE

Pure Flix offers $10,000 in college scholarships

News image

Pure Flix Entertainment is offering $10,000 in college scholarships tied...

READ MORE
100%
-
+
0
Show options

a