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Budgets/Spending/Market Size

  • Survey: Mother’s Day spending expected to rise 10%

    New York -- Survey results released Wednesday by Brand Keys revealed that 90% of consumers plan to celebrate Mother’s Day. Total spending is estimated to reach nearly $17.2 billion, according to the annual Brand Keys Mother’s Day survey.

    Celebrants intend to spend an average of $163 this year, up 10% over 2011. Men, following a long-time pattern, intend to spend more than women, reporting an anticipated average spend of $190. Women anticipate spending $136.

  • Online audience picked up in March

    With 24 million unique visitors during March, Target.com was ranked 47th on the comScore Media Metrix listing of the top 50 U.S. Web properties for March. That’s an improvement from March 2011 when Target didn’t crack the top 50. The only other conventional retailer in the top 50 was 25th ranked Walmart.com with 39 million unique visitors. It was ranked 33rd last year with 31.7 million unique visitors in March.
     

  • Target invests in education

    MINNEAPOLIS — Target is investing more than $12 million in schools in 2012 through its library makeover program, and said it plans to give more than $1 billion for education by the end of 2015.

    As part of its 2012 library makeover program, Target will renovate libraries at 32 elementary schools and revisit each of the 118 schools that previously received a Target School Library Makeover to provide additional reading resources for students and teachers.

  • Mother's Day spending to top last year

    WASHINGTON — If NRF's predictions come true, moms will be in for an especially good Mother's Day this year. According to NRF’s 2012 Mother’s Day consumer spending survey conducted by BIGinsight, the average person celebrating the holiday is expected to spend $152.52 on gifts, up from $140.73 last year. Total spending is expected to reach $18.6 billion.

  • Survey: Mother’s spending expected to rise in over last year

    Washington, D.C. -- Survey results released Tuesday by the National Retail Federation said that consumers are expected to stretch their dollars a little further this Mother’s Day to make sure mom has the perfect day.

    According to NRF’s 2012 Mother’s Day consumer spending survey conducted by BIGinsight, the average person celebrating the holiday is expected to spend $152.52 on gifts, up from $140.73 last year. Total spending is expected to reach $18.6 billion.


  • NPD: Most shoppers say price has to be right before they shop

    Port Washington, N.Y. -- Price trumps sales and special deals, customer service, and convenience as a factor in deciding where to shop for the majority of U.S. consumers, according to a survey by The NPD Group.

  • Report: Consumer confidence rises to match four-year high

    New York -- A report released Thursday by Bloomberg showed that household confidence improved last week to match the highest level in four years. 

    The Bloomberg Consumer Comfort Index was minus 31.4 in the period ended April 15, compared with minus 32.8 over the previous seven days. The reading equaled that from two weeks earlier as the best since March 2008.

    Despite the strong showing, the monthly expectations measure fell from a one-year high, showing ongoing concerns that too many Americans are still unemployed.

  • Consumer confidence rises to match four-year high

    NEW YORK — A report released by Bloomberg showed that household confidence improved last week to match the highest level in four years. 

    The Bloomberg Consumer Comfort Index was minus 31.4 in the period ended April 15, compared with minus 32.8 over the previous seven days. The reading equaled that from two weeks earlier as the best since March 2008.

    Despite the strong showing, the monthly expectations measure fell from a one-year high, showing ongoing concerns that too many Americans are still unemployed.

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