Easter Spending Expected to Hit $14 billion
American
consumers are eager to celebrate Easter with their family and friends,
with the tTotal holiday spending estimated to reach $14.37 billion, according
to NRF’s 2007 Easter Consumer Intentions and Actions Survey. This year,
shoppers who are planning to celebrate Easter (79.5%) are expected to
spend an average of $135.07, up 11% from last year’s $121.72 per
person.
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Customer
satisfaction with e-commerce surpassed that of offline retail by 11.6%,
according to the 4th Quarter 2006 American Customer Satisfaction Index (ACSI)
E-Commerce Report
Consumers in five of the world's leading
economies believe business ethics have worsened in the past five years
and are turning to "ethical consumerism" to make companies
more accountable, according to a study by GfK NOP,
In
2006 a record-breaking 182,000 new consumer packaged goods (CPG) products
were introduced globally in stores, with key booming areas focusing on
mind, body, and general good health,
Consumers
spent $3.01 trillion with the top 250 retailers in the world between July
1, 2005, and June 30, 2006, an increase of 6% over the same period a year
ago, according to "The Global Powers of Retailing 2007" report
from Deloitte and STORES magazine.
One
reason for the rise in popularity of gift cards: "The stigma of the
gift card being a thoughtless gift is gone," said NRF spokesman Scott
Krugman. "People love getting them." (IBD
Target
will approach $100 billion in sales in 2010, nearly doubling its current
size,
The nation's retailers had a strong start to the holiday shopping
season, as sales rose 6% to $8.96 billion on Balck Friday, compared to
the same day a year ago,