NRF Forecasts $13.5 Billion Halloween Spending, Cites Early Shopping Trends
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
A report from the National Retail Federation, utilizing market data from Prosper, forecasts that consumers will spend $13.5 billion on Halloween purchases this year, surpassing last year's $13.1 billion. The survey found that discount stores are expected to be the top destination for Halloween purchases at 39%, followed by Halloween/costume stores at 32% and online retailers at 27%.
From retaildive.com
Why it matters
The findings indicate that while consumers prioritize Halloween spending, they are approaching the season with an emphasis on affordability. Nearly half of shoppers plan to start shopping in September or earlier, with many doing so to stretch budgets or take advantage of promotions.
From retaildive.com
Who's involved
- National Retail FederationOrganization that released the consumer spending forecast and survey findings
- PROSPERCompany that provided the market data and surveys utilized by the National Retail Federation
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The entities involved
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PROSPER
Czech company
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National Retail Federation
organization
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