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NRF: Fewer consumers celebrate Valentine’s Day, spend more
Washington, D.C. – Fewer U.S. consumers will celebrate Valentine’s Day this year, but will spend a little more than last year. According to the National Retail Federation’s 2014 Valentine’s Day spending survey conducted by Prosper Insights and Analytics, 54% of Americans will celebrate with their loved ones in 2014, compared to 60% in 2013.
The average person plans to spend $133.91 on candy, cards, gifts, dinner and more, up slightly from $130.97 last year. Total spending is expected to reach $17.3 billion.
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Stop & Shop raises $2 million for hunger relief
Stop & Shop has donated more than $2 million to hunger relief organizations across the Northeast thanks to participating customers.
According to the Greater Boston Food Bank, for every dollar donated they can provide three meals to those in need, so the combined efforts from Stop & Shop New England and Stop & Shop New York Metro divisions will help provide more than 6 million meals.
