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Entries in Gifts (12)

Wednesday
May042011

Moms Cite Flowers as Least Desired Mother’s Day Gift

Jupiterimages/Thinkstock(ALISO VIEJO, Calif.) -- If you were planning to buy your mom flowers for Mother’s Day this Sunday, think again.  A new survey reveals moms consider flowers their “least desired” Mother’s Day gift.

Buy.com commissioned a survey of 1,000 adults and found that a day at a spa ranked as the top Mother’s Day gift, followed by gift cards and “something homemade.”  More specifically, moms over the age of 55 ranked gift cards as their most desirable Mother’s Day gift, followed by a new computer.

When mothers were asked to describe the ideal way to spend Mother’s Day, most of them cited a “nice meal out,” followed by “spending time with family at home.”

The survey also found that 22 percent of respondents plan to spend at least $25 on Mother’s Day gifts and that 33 percent of Americans spend more on Mother’s Day gifts than Father’s Day gifts.

Copyright 2011 ABC News Radio

Tuesday
Oct192010

National Retail Federation Expects Holiday Gift Spending to Increase

Photo Courtesy - Getty Images(NEW YORK) -- The National Retail Federation predicts overall holiday spending this year to increase by 2.3 percent compared to 2009 and reach $447 billion. Overall sales increased slightly last year and were down 3.9 percent in 2008, at the height of the financial crisis.

“Consumers will still shop with the economy in the back of their minds, but we’re starting to see shoppers take baby steps toward a new normal,” says Matthew Shay, NRF president and CEO.

Though the NRF believes the current state of the economy will weigh on most Americans' minds, there are ways by which retailers can entice consumers to spend.  Consumers tell the retail trade group that they’re looking to maximize their holiday spending by looking for discounts, using coupons and doing comparison shopping online and with their smartphones.

NRF says the most popular categories for gifts remain clothing and books, CDs and DVDs.

Copyright 2010 ABC News Radio

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