So far this year, a positive shift has been seen in the way that consumers are spending on discretionary and gift purchases. A new survey, conducted by Prosper Insights & Analytics for National Retail Federation, has strengthened this good news for the Mothers’ Day Holiday. The latest report on this survey from Kathy Grannis for NRF predicts that total spending for Americans for this holiday weekend could reach $21.2 billion, the highest amount in the survey’s12-year history. This is an average of $172.63, up nearly $10 from last year!
What items will be prime gifts for this holiday? Home improvement products, jewelry, and apparel should be strong sellers, as well as other specialty purchases. Flowers and greeting cards, always best sellers, are sure to be near the top of the list. Gift cards, for those whose preferences are not known, will be a great way to splurge on mothers, step-mothers, grandmothers, great grandmothers, and wives.
Is your business set up to offer gift cards to your customers? If not, it’s not too late to call CCS Retail Systems for information on how to accomplish this before the holiday. Don’t miss out on this important way to boost your holiday sales. Our telephone number is 800/672-4806 or you can email us. Act now!