Friday, February 2, 2018

Retailers in for a near-record Valentine’s Day

Chain Store Age

U.S. consumers are going all in for February 14.

Consumers are expected to spend an average $143.56 on Valentine’s Day, an increase from last year’s $136.57, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. Total spending is expected to reach $19.6 billion, up from $18.2 billion last year.. . . more