Christian Retailing

NEWSLETTERS Current Issue NRF: Easter shopping to tap into ‘pent-up demand’
NRF: Easter shopping to tap into ‘pent-up demand’ PDF Print E-mail
Written by Jeremy Burns   
Thursday, 10 April 2014 09:51 AM EDT

MatthewShay-NRF-WebConsumers are expected to spend billions on Easter celebrations this year, though per-customer levels may be lower than in 2013. The average American celebrating the holiday will spend an average of $137.46 on apparel, food, candy, gifts and more, slightly less than the $145.13 spent last year, according to the National Retail Federation’s (NRF) Easter Spending Survey conducted by Prosper Insights & Analytics. Total spending is expected to reach $15.9 billion.

“The winter doldrums left consumers with a lot of pent-up demand, and though many Americans may take a cautious approach to spending on Easter items this year, retailers are anticipating that warmer weather will easily put consumers in the mood to buy bright clothes, holiday decorations and more,” said NRF President and CEO Matthew Shay. “As one of the biggest holidays of the year, retailers are looking forward to increased customer traffic in stores and online, and will roll out promotions on everything from garden supplies and patio sets to apparel and grocery items as they help their customers prepare for the holiday.”

Since the holiday traditionally marks the ceremonial start to spring, 42.9% will purchase new spring attire, such as Easter dress clothes for their children, spending an average of $22.71, with total spending on apparel is expected to reach $2.6 billion. Additionally, nine in 10 (89.3%) of those celebrating will stock up on Easter candy, spending a total of $2.2 billion on their children’s favorite sweet treats. Families will also spend on gifts ($2.4 billion), flowers ($1.1 billion) and decorations ($1.1 billion).

“Americans are eager to dip their toes in the fresh green grass this Easter and celebrate the day with friends and family,” said Prosper Insights and Analytics Director Pam Goodfellow. “Though they are planning to trim their budgets in terms of spending on food, clothes and gifts, most will look for personal and fun items that won’t break the bank in order to enjoy the day.”

The survey also found that many will use smartphones or tablets to work on their Easter shopping list. Of those who own smartphones, nearly one in four (23.4%) will use their device to research products or compare prices. Just 12.2% will make an actual purchase with their smartphone. Nearly one in five (19.2%) tablet owners will make a purchase on their device, but most will simply research holiday gifts, apparel and other items (30.2%).

 

In this current issue:

Author Jane Kirkpatrick celebrates sales milestone

News image

Award-winning author Jane Kirkpatrick now has more than 1 million...

READ MORE

Nielsen: Teens prefer print to e-books

News image

Teens are known to be early adopters of new technology...

READ MORE

Religious presses see September sales boost

News image

Faith-based publishers saw sales rise in September, according to the...

READ MORE

Author Don Gossett leaves legacy of praise

News image

Best-selling Whitaker House author Don Gossett died Wednesday, Dec. 10,...

READ MORE

StowTown’s Wayne Haun visits Christian retailers

News image

StowTown Records co-founder Wayne Haun wears the many hats of...

READ MORE

‘Library Journal’ announces Christian fiction awards

News image

Library Journal has named its Best Books 2014: Genre Fiction...

READ MORE

IVP e-books recognized by Digital Book World

News image

InterVarsity Press (IVP) has been recognized by Digital Book World—the...

READ MORE

‘Heaven Is for Real’ hits major sales milestone

News image

Heaven Is for Real: A Little Boy’s Astounding Story of...

READ MORE

Parable retailers find success with Christmas promotion

News image

Christian retailers participating in the fourth annual 12 Days of...

READ MORE

Retailers are ‘optimistic’ as sales rise in November

News image

Holiday shoppers took advantage of deep discounting and early sales...

READ MORE

‘God’s Not Dead’ album goes Gold

News image

God’s Not Dead, the 2011 Inpop recording from GRAMMY-nominated Newsboys,...

READ MORE

Glassdoor names Faithlife a top 10 company

News image

Growing tech companies are turning America’s stereotypical corporate culture on...

READ MORE
100%
-
+
0
Show options

a