"Father’s Day spending was estimated to total a near-record $15.3 billion in 2018, according to a study released by the National Retail Federation and Prosper Insights & Analytics. A total of 77% of Americans were predicted to celebrate Father’s Day and spend an average of $133 per person."
Tag: Father's Day
Three in 10 will shop online for Father's Day. Online shoppers plan to spend an average of $157 — higher than the typical Father's Day shopper — and nearly 4 in 10 plan to use their smartphones to research products and compare prices
Three in 10 will shop online for Father's Day. Online shoppers plan to spend an average of $157 ÛÓ higher than the typical Father's Day shopper ÛÓ and nearly 4 in 10 plan to use their smartphones to research products and compare prices
According a new survey from the National Retail Federation (NRF), the average person will spend $113.80 on neckties, tools, electronics and other special gifts for dad this year. Father's Day shoppers will look for gifts at a variety of locations, including discount stores (28.1%), online (28.4%) and specialty stores (24.2%); 16.6% say they plan to support their communities and shop at a local or small business to find gift items for dad.
Americans will spend approximately $119.84 on dad’s gifts this year, up from $117.14 in 2012. Total spending for Father’s Day is expected to reach $13.3 billion, according to the National Retail Federation. Consumers will mostly stick to the traditional gifts for dad, but some will splurge on clothing, electronic items, and special outings.
Consumers plan to splurge on a variety of gifts for dad this year. According to the NRF, Americans will shell out an average of $106.49 on dad, up from $94.32 in 2010 and the most in the survey’s eight-year history. With so many options for Father’s Day, shoppers will head to various types of stores to find the perfect gift. More than one-third of shoppers will head to dad’s favorite department store (35.2%) and nearly as many (32.2%) will shop at discount stores.
As the economy continues to slowly rebound, Americans plan to spend slightly more this year on Father's Day. According to a new survey by the National Retail Federation, the average person will spend $94.32 on dad this year, up from $90.89 in 2009. Total Father's Day spending is expected to reach $9.8 billion. Shiny new toys for dad will be one of the biggest hits this year, along with special outings, gift certificates and clothing. When it comes to where people will purchase their gifts, discount stores (34.4%) and department stores (34.1%) will see the most traffic. Specialty stores such as greeting card or gift stores (26.4%), online (20.5%) and specialty clothing stores (7.6%) will also be popular shopper destinations.