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Families this year are ready to splurge on jewelry, flowers, gift cards, brunch, and apparel for dear old mom. According to NRF’s 2015 Mother’s Day Spending Survey conducted by Prosper Insights & Analytics, Americans will spend an average of $172.63 on mom this year, up nearly $10 from $162.94 last year and the highest amount in the survey’s 12-year history. Total spending is expected to reach $21.2 billion.*
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Hoping the temperatures will meld with their desire to celebrate, 80 percent of Americans this Easter are eagerly looking forward to a fun, family-filled holiday. According to the National Retail Federation’s Easter Spending Survey conducted by Prosper Insights & Analytics, the average person celebrating Easter will spend $140.62, slightly more than last year’s $137.46. Total spending for Easter, which includes purchases of apparel, decorations, gifts, candy, food, flowers and more, is expected to reach $16.4 billion.
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After a long winter, consumers are looking for a reason to shed their coats, and donning their favorite Irish or green garb to take part in St. Patrick’s Day traditions may just do the trick. According to NRF’s St. Patrick’s Day Spending Survey conducted by Prosper Insights and Analytics, nearly 127 million Americans are planning to celebrate the traditional Irish holiday.
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Playing it safe and planning ahead, Americans this year are planning to stash away their tax refund into savings. According to NRF’s Tax Returns Survey conducted by Prosper Insights & Analytics, 47 percent of those expecting a refund plan to put their money into savings, the highest percent in the survey’s history. Nearly two-thirds (65.7%) of those surveyed are expecting a refund this year.
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According to the National Retail Federation’s Valentine’s Day Consumer Spending Survey conducted by Prosper Insights and Analytics, the average person celebrating Valentine’s Day will spend $142.31 on candy, flowers, apparel and more, up from $133.91 last year. Total spending is expected to reach $18.9 billion, a survey high.
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NRF joined with other business organizations today in filing an amicus brief with the U.S. Court of Appeals for the 4th Circuit in the Nestle Dreyer case.
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Having taken the world by storm this year, Disney’s Frozen and Teenage Mutant Ninja Turtle characters will again come to life this Halloween. According to NRF’s 2014 Halloween Consumer Top Costumes Survey conducted by Prosper Insights & Analytics, an estimated 2.6 million children plan to dress up as one of Disney’s Frozen characters, while about 1.8 million children will dress as one of the re-imagined classic characters from Teenage Mutant Ninja Turtles.
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More costumes than ever will be flying off the shelves as Americans gear up to celebrate the spookiest holiday of the year, according to NRF’s Halloween Consumer Spending Survey conducted by Prosper Insights & Analytics. More than two-thirds (67.4%) of celebrants will buy Halloween costumes for the holiday, the most in the survey’s 11-year history.
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The National Retail Federation told the U.S. Supreme Court that the debate over debit card swipe fees is “of staggering importance” and asked the justices to review a ruling that left the Federal Reserve’s cap on the billions of transactions conducted each year at 21 cents rather than reducing it to a lower level.
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Electronics and school supplies drive increased back-to-school/college spending this year. Millennials plan to spend $913 million of their own money on school items.