According to the National Retail Federation, shoppers plan to spend an average of $102.50 on Valentine’s gifts for loved ones this year, down from $122.98 a year ago. Sixteen percent of surveyed consumers said they plan to purchase a jewelry gift, ranking the category second behind flowers. National Retail Federation Jan. 29, 2009
Jan 292009
National Retail Federation Predicts Disappointing Holiday Season
Research, Trends, Forecasts
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Sep 252008
The NRF predicts a 2.2% increase in November and December retail sales (excluding auto, fuel and restaurant spending) over the same last year. That’s half the 10-year average annual increase of 4.4% and the smallest rise since 2002. The Wall Street Journal Sept. 25, 2008 Paid subscription may be required.
