FINANCE

NRF: Easter spending expected to be flat

BY Katherine Boccaccio

Washington, D.C. — A report released Monday by the National Retail Federation said that the average person celebrating Easter this year will spend about $145.13 on candy, décor, apparel and food – with is flat with last year’s $145.28.

NRF, through its Easter Spending Survey conducted by BIGinsight, estimated that total spending will reach an estimated $17.2 billion this year.

“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 NRF president and CEO Matthew Shay. “And as spring weather rolls in, consumers will find affordable ways to spruce up their homes and wardrobes, just in time for visiting family and friends this Easter holiday. Retailers are already lining their shelves with specials on chocolates, warm-weather apparel and even gardening tools and outdoor furniture.”



The survey found much of consumers’ budgets will go towards food for a family brunch or dinner: 86.9% of those celebrating Easter will spend an average of $45.26 on items needed for their holiday meal. Traditionally known as the kickoff to spring, many will specifically set out to purchase new spring attire. Nearly half (48.4%) will purchase clothing this Easter, spending an average of $25.91 on Easter apparel. And, nine in 10 (90.5%) will stock up on Easter candy, spending an average of $20.66 on jelly beans, chocolate and more. Additionally, consumers will spend an average of $20.82 on gifts, $9.49 on flowers and $9.11 on decorations.



When it comes to where people will shop for their Easter needs, the survey found families will shop for price and value. Most people (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%).

The survey also found that many people will utilize their smartphones and tablets to shop for Easter items. Four-in-10 (43.3%) smartphone owners will use their mobile device to research product information, look up store hours and location, compare prices and even purchase gifts and other items. Specifically, 14.8% say they will purchase Easter products with their smartphones. More than half (51.0%) of tablet owners will use their device to make purchases, research products and prices and look up retailer information such as store locations and hours. One-in-five (22.1%) say they will purchase something via their tablet.

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M.Jackson says:
Apr-24-2013 12:14 pm

Easter spending expected
Very good article that find affordable ways to spruce up their homes and wardrobes, just in time for visiting family and friends.woodchucksfurniture.com

M.Jackson says:
Apr-24-2013 12:14 pm

Very good article that find affordable ways to spruce up their homes and wardrobes, just in time for visiting family and friends.woodchucksfurniture.com

E.Ka says:
Mar-19-2013 05:05 am

Easter Sunday should be
Easter Sunday should be celebrated for its the resurrection of Jesus Christ. We should acknowledge this kind of event. - Carmack Moving and Storage

E.Ka says:
Mar-19-2013 05:05 am

Easter Sunday should be celebrated for its the resurrection of Jesus Christ. We should acknowledge this kind of event. - Carmack Moving and Storage

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OPERATIONS

Jones Group names former Penney exec as chief marketing officer

BY Katherine Boccaccio

New York — The Jones Group Inc. announced Monday it has appointed Greg Clark as chief marketing officer, effective immediately.

Clark will oversee global marketing and brand identity, including spearheading digital media strategy, brand development and creative.

Clark most recently served as the SVP creative marketing for J. C. Penney.

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E.Ako says:
Mar-19-2013 12:01 pm

The Jones Group is too busy
The Jones Group is too busy taking stock in its own brand portfolio to take notice.The Jones also markets directly to consumers through their chain of specialty retail and value-based stores. - RichVonAlvensleben

E.Ako says:
Mar-19-2013 12:01 pm

The Jones Group is too busy taking stock in its own brand portfolio to take notice.The Jones also markets directly to consumers through their chain of specialty retail and value-based stores. - RichVonAlvensleben

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STORE SPACES

SPECS 2013 opens with Navy Seal, aid for children

BY Katherine Boccaccio

DallasChain Store Age’s 49th annual SPECS store development conference officially kicked off on Monday morning at the Hilton Anatole in Dallas with two kinds of inspiration: Greg Buzek, president of IHL Group, introduced the Retail Orphan Initiative, and U.S. Navy Seal Scott Taylor presented Afterburner Black Ops, challenging the audience of retailers in design, construction, facilities, store planning and development to use Seal techniques to run their organizations.

In the discussion about the Retail Orphan Initiative, which was created four years ago to help vulnerable children worldwide, Buzek explained that the focus of the charitable foundation is to provide grants to charities around orphan care, foster care support, adoption support, child rescue and life-skills training. He challenged the retailers and suppliers to get involved in any way they could.

SPECS continues through Wednesday morning with sessions on ADA options, sustainability, capital budgeting, building smaller stores in urban environments, and more.

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S.Jones says:
May-10-2013 03:47 am

A lot of organizations
A lot of organizations private and public are providing aid for children and families to help them cope up from life's difficulties and economic crisis by providing them with livelihood project that is sustainable for them to earn money to provide for their children and to send them to school. child rescue volunteers

S.Jones says:
May-10-2013 03:47 am

A lot of organizations private and public are providing aid for children and families to help them cope up from life's difficulties and economic crisis by providing them with livelihood project that is sustainable for them to earn money to provide for their children and to send them to school. child rescue volunteers

buangsila001 says:
Mar-19-2013 12:21 pm

IHL Consulting Group,Inc. is
IHL Consulting Group,Inc. is comprised of FDA consultants committed to providing a full range of consulting services.It offer a unique and blended perspective from the regulatory and industry environments. - RichVonAlvensleben

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