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NRF: Easter spending to reach $24 billion

Mass Relators

WASHINGTON – Consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 As consumers plan to mark the occasion through a variety of traditions, retailers are dedicated to making this year a memorable holiday.” As in previous years, most consumers (54%) say they will buy Easter gifts from discount stores.

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NRF: Consumers to spend more for Valentine’s Day

Mass Relators

More than half (52%) of consumers plan to celebrate and will spend an average of $192.80. Those aged 35 to 44 plan to outspend other age groups, allocating $335.71 Americans plan to spend more than $5.5 This is up from $175.41 on average for gifts and other Valentine’s Day items, approximately $142.91

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Valentine’s Day Spending Could Jump $2 Billion Over 2022: NRF

VMS

More than half (52%) of consumers plan to celebrate and will spend an average of $192.80. Those aged 35 to 44 plan to outspend other age groups, allocating $335.71 Americans plan to spend more than $5.5 This is up from $175.41 on average for gifts and other Valentine’s Day items, approximately $142.91

Jewelry 52
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IRI research shows rebound in consumer sentiment

Mass Relators

Many pet owners anticipate different pet needs throughout the next year, with 19% of respondents planning to buy different treats for their pets and 18% anticipating the need for grooming services. Older consumers fulfilled their pet needs at grocery and convenience stores most often.

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Retail Statistics You Should Know

Small Biz Trends

Specialty stores are often a part of small retail store businesses. Unlike department stores that sell a wide variety of items, specialty stores offer niche-specific products. According to a report , small specialty retail stores have a market size of $33.4bn in the US. between 2016-2021.

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Why Retailer Market Fit Is Important For A Product Startup

Retail Bound

Today’s modern retail ecosystem is dynamic, complex, and involves multiple channels like large-chain, specialty and regional stores, catalog retailers, ecommerce sites, TV shopping networks, incentive, and reward marketing channels, and B2B verticals like hospitality, travel, and more. Retail Store/Channel Size.

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MUST Wine Loft Discovers Charcuterie Must-Haves By Ordering On RangeMe

Rangeme

After working in the hospitality industry for more than 20 years and gaining years of buying experience, Arkwright decided it was finally time to open her own specialty store and cafe. She teamed up with retired cheesemonger, Raymond Cotteret, in 2020 and got to work on a business plan that would make their dreams come true.