Posts Tagged ‘holiday spending’

What to Buy in October

Posted on October 06, 2017 by Laura Lam

When it comes to shopping, October is an odd month sitting smack in the middle of the back-to-school frenzy and the holiday extravaganza. But there are plenty of October deals to be had. The best buys range from leftover items from previous months to goods discounted in advance of the big shopping days to come. Halloween Stuff – Unless you bought a costume and decorations last November, when prices were at their lowest, be on the lookout for bargains this month. The closer the holiday, the bigger the deals, as retailers try to clear the shelves by Halloween. However you won’t find many…

Cautious Cupid: Consumers More Frugal this Valentine’s Day

Posted on February 14, 2017 by Laura Lam

After a decade-long increase, Valentine’s Day spending is expected to decline this year, according to the annual survey released today by the National Retail Federation (NRF) and Prosper Insights & Analytics.  U.S. consumers are expected to spend an average $136.57, down from last year’s record-high $146.84. Total spending is expected to reach $18.2 billion, down from $19.7 billion last year, which was also a record. “This is one day of the year when millions find a way to show their loved ones they care regardless of their budget,” said NRF President and CEO Matthew Shay.  “Retailers recognize that their customers…

The Cost of the ’12 Days of Christmas’ in 2016

Posted on December 13, 2016 by Laura Lam

Have you ever wondered how much each of those gifts mentioned in tune would cost your true love?  PNC released its annual Christmas Price Index and it showed that prices for items from the Christmas carol “The 12 Days of Christmas” rose by 0.7% from last year. That’s slightly up from the 0.6% pace in 2015. The cost of everything on the list, from the partridge to the drummers, totaled $34,363.49, an increase of a few hundred dollars from last year. But as the carol goes, all of the gifts except the drummers are counted multiple times, bringing the cost up to…

Mindful Money: Keep Your Holiday Spending in Check

Posted on December 09, 2016 by Laura Lam

The overflowing expectations around the holidays can entice us to spend more than we can afford. Not only do we have bills to face once the decorations are put away, but 43% 0f respondents to an Experian survey say extra expenses also make the holidays hard to enjoy.  Now’s the time to plan so your December spirit doesn’t lead to January bills. Five finance experts on frugality what they do to avoid holiday overspending. Recognize your triggers Donna Freedman, author of “Your Playbook for Tough Times,” says you need to recognize your spending triggers. Are you trying to make the holidays…

2016 Black Friday & Holiday Spending Predictions

Posted on November 25, 2016 by Laura Lam

The holidays (and holiday shopping) are officially here!  Today is Black Friday and Cyber Monday is just three days away.  Thus begins the month-long sprint to Christmas and Hanukkah. Here are this year’s holiday stats and facts that are impacting the shopping experience. Adobe Digital Insights shared its 2016 holiday predictions. It looks like 2016 will be a good year. Black Friday will be bigger than ever. For the first time, sales are expected to exceed $3 billion, an 11.5% increase over last year. Cyber Monday’s sales will exceed $3 billion, an increase of 9.4% over last year. 5% of customers…

Will the Luck of the Irish Bring the Green in ’16?

Posted on March 17, 2016 by Laura Lam

Like all festive occasions, St. Patrick’s Day invites us to spend the green and get into the act of celebration. What does that add up to, besides 18 zillion choruses of Danny Boy? For starters, the total spending will hit close to $5 billion, which is more than 2% of Ireland’s gross domestic product for an entire year. Deal News presents 5 measures of St. Pat’s spending worthy of dancing a jig, turning into a tall tale, or otherwise drinking a toast to, as you whip out that clover-covered credit card. Total St. Patrick’s Day Spending: About $4.8 Billion – Last…

Holiday Retail Sales Get Boost From Online Shopping, Gas Prices

Posted on January 05, 2016 by Saldutti

After years of recessionary belt tightening, consumers spent 7.9% more than last year during the dash between Black Friday and Christmas Eve and ponied up for furniture and other high-priced items, according to MasterCard SpendingPulse.  The report, released last week, doesn’t include sales of cars or gas and is based on an analysis of actual spending data as well as surveys of consumers using credit cards, cash and checks. Target reported several “record-breaking days” on Target.com, said spokeswoman Megan Boyd. Although the company couldn’t offer specific sales data, toys remained a perennial favorite and consumers showed “great interest” in the…

Consumers Buying Less Expensive Gifts This Year

Posted on December 23, 2015 by Saldutti

Cheap is the new chic for holiday gifts.  More holiday shoppers are expected to change their attitude about gift giving this holiday season – in the latest twist in a theme that has played out since the recession. For nearly a decade, shoppers have been more cautious and practical about their spending, doing more bargain shopping and hunting for deals. But recently, shoppers have taken that practice a step further. They’re becoming more open to buying gifts that in the past might have been considered downright cheap. So, they’re not just looking for big discounts on extravagant, expensive designer and…

Retailers Dreaming of a Late Christmas

Posted on December 22, 2015 by Saldutti

Retailers this week are wishing for a late Christmas – as in a holiday where everyone waits until the last minute to shop. Stores around the country need a strong finish to make up for weakness at the beginning of the shopping season. Saturday, the last Saturday before Christmas, typically a top shopping day, drew mixed reviews. Some analysts reported seeing strong sales during their weekend store visits, while others said the day, nicknamed Super Saturday, seemed to be just “so-so.” Ken Perkins, president of retail tracking firm Retail Metrics Inc., said in a report on the weekend’s results that…

What is Your City's Holiday Budget?

Posted on December 14, 2015 by Saldutti

Besides good cheer, holidays can also bring seasonal stress – a primary source of which is our addiction to blowing money. According to the National Retail Federation, holiday spending this year will be the highest in the survey’s history, with the average per-person tab expected to reach $805.65, up from $802.45 in 2014. Although a few extra bucks doesn’t seem like a huge increase, it’s a rather large deal when you consider how rapidly our collective credit-card debt has ballooned and the fact that we’re on track to end the year with more than $60 billion in additional debt, according to CardHub’s…