Halloween Sales Expected to Be No Tricks All Treats for Retailers
According to a recent NY Times article, the sluggish economy just might get a "Transfusion" this Halloween season. Perhaps this will also be good news for the entire 4th quarter for retail sales. I hate the visual of Santa standing on a street corner with a sign saying "Will work for reindeer feed.." So my question for you is this: Do you have your Halloween costumes listed on eBay and Amazon or etsy yet? There is a small window of opportunity still open but you need to get moving NOW! The bewitching hour is near, if you're going to be OUT in the COLD, make sure your pockets are lined with Cold Hard Cash from this profitable beginning to holiday sales.
Retailers are expected to scare up some wicked Halloween sales this year.
Spending on the holiday is expected to rise, as more people than ever celebrate the ghoul and goblin heavy ritual, according tothe National Retail Federation'sHalloween Consumer Intentions and Actions survey.
Indeed, seven in 10 Americans (68.6%) plan to celebrate Halloween this year, the most in the NRF's 10-year survey history -- up from 63.8% in 2010.
The average consumer will spend $72.31 on decorations, costumes and candy, up from $66.28 last year, which should add up to an estimated $6.86 billion in Halloween sales, according to the survey, which polled 9,374 consumers and was conducted byBIGresearch.
Adding to the robust outlook is that more people will play dress up this year -- 43.9% versus 40.1% in 2010 -- spending about $26.52 per costume.
Consumers will also spend $1 billion on children's costumes compared to $840 million last year. And they're increasingly getting Fido and Fluffy into the act. Pet owners will spend $310 million on costumes for their four-legged family members. In addition... See full article from DailyFinance:http://srph.it/nN573Q
Spending on the holiday is expected to rise, as more people than ever celebrate the ghoul and goblin heavy ritual, according tothe National Retail Federation'sHalloween Consumer Intentions and Actions survey.
Indeed, seven in 10 Americans (68.6%) plan to celebrate Halloween this year, the most in the NRF's 10-year survey history -- up from 63.8% in 2010.
The average consumer will spend $72.31 on decorations, costumes and candy, up from $66.28 last year, which should add up to an estimated $6.86 billion in Halloween sales, according to the survey, which polled 9,374 consumers and was conducted byBIGresearch.
Adding to the robust outlook is that more people will play dress up this year -- 43.9% versus 40.1% in 2010 -- spending about $26.52 per costume.
Consumers will also spend $1 billion on children's costumes compared to $840 million last year. And they're increasingly getting Fido and Fluffy into the act. Pet owners will spend $310 million on costumes for their four-legged family members. In addition... See full article from DailyFinance:http://srph.it/nN573Q
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