Holiday Spending Expected to Rise Slightly This Year

According to another NRF survey, 2010 Holiday Consumer Intentions and Actions, U.S. consumers plan to spend an average of $688.87 on holiday-related shopping, a slight rise from last year’s $681.83. More than 60 percent of shoppers said the economy would impact their spending, down from last year’s 65.3 percent, but shoppers plan to compensate by spending less (81.5 percent), comparison shopping online (30.9 percent), shopping for sales (54.1 percent), and using more coupons (40.6 percent). The most important factors when shopping this holiday season, said survey respondents, were sales and discounts (41.8 percent).

As in years past, most holiday gift-givers will spend most of their budget on gifts for family ($393.55), followed by friends ($71.45), and co-workers ($18.26). Total spending on gifts ($518.08) is expected to increase 2.1 percent from last year. Other holiday purchases will include decorations ($41.51), greeting cards and postage ($26.10), candy and food ($86.32), and flowers ($16.86).

For more results, click here. This survey was conducted by BIGresearch.

TRU Premieres “Bootiques” and Expands Holiday Pop-Up Stores

For this Halloween season, Toys “R” Us stores nationwide and Toysrus.com have introduced Halloween “bootiques” filled with costumes, accessories, candy, safety items, and more. The company has also expanded its Halloween safety product assortment, and has launched a new digital costume catalog online at Toysrus.com/Halloween. In addition to the new selection of safety products, parents and kids can prepare for Halloween night with Halloween safety tips at Toysrus.com/Safety.

Toys “R” Us has also announced plans to operate approximately 600 Toys “R” Us Express stores in malls and shopping centers nationwide, in addition to its 587 full-size Toys “R” Us stores in the United States. The new pop-up stores will add an additional 2.4 million square feet of toy-selling space for the holiday season. In addition, the company’s more than 260 Babies “R” Us stores will again offer a wider selection of toys for the holiday season.

Free Shipping Day to be Held on December 17

The third annual Free Shipping Day, created by Freeshipping.org, has been scheduled for December 17. Free Shipping Day is a one-day shopping event that allows consumers to browse merchants who will offer free shipping and guaranteed Christmas Eve delivery. So far, said Freeshipping.org CEO Luke Knowles to InternetRetailer.com, 125 online merchants have signed up to participate this year. Knowles expects that more than 1,000 retailers will sign up for this year’s event. Last year, more than 750 merchants listed their free shipping offers on the website, and Knowles estimates that 35,000 purchases were made.

According to Knowles, any merchant can list its free shipping offer for free on Freeshippingday.com and all retailer logos will appear on the home page. For more information, visit www.freeshippingday.com.

Would you postpone your holiday shopping until December 17 to save on shipping?

Toys “R” Us CEO Talks Holiday Season 2009

Credit: www.FoxNews.com

Image credit: www.FoxNews.com

Jerry Storch, CEO of Toys “R” Us, sat down with Brian Sullivan of Fox News to discuss price wars with Wal-Mart, Black Friday crowd control, and other holiday season topics. Click here to read the transcript.

NRF: Shoppers to Spend Less on Gift Cards

According to the National Retail Federation (NRF), holiday shoppers plan to spend less on gift cards and recipients can expect cards with lower monetary values. The study by the NRF, part of the 2009 Holiday Consumer Intentions and Actions Survey, reported that holiday shoppers will spend an average of $139.91 per person, compared to $147.33 last year.  The average value per card, stated the survey, would be $39.80, compared to $40.54 in 2008.

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Poll: More Americans to Buy Toys This Holiday Season

According to a Harris Interactive poll, more than half of Americans (54 percent) will buy toys as gifts this holiday season. Last year, 47 percent of those surveyed planned to buy toys. Nearly seven in ten consumers (69 percent) who have children in their home, and 46 percent of consumers who don’t, will buy toys this year.

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Survey: Most Online Retailers to Offer Free Shipping This Holiday Season

In a new survey by Shop.org, four out of five online retailers said they will offer free shipping with conditions this holiday season, meaning a customer must purchase a certain item or a certain dollar amount to qualify. More than half of online retailers, 57.4 percent, plan to offer free shipping without conditions, and 30 percent of the retailers said free shipping offers will start earlier than they did last year.
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Discounts Most Important Factor for Holiday Shoppers Says Survey

Holiday shoppers are expected to spend an average of $22.27 dollars less than last year, a 3.2 percent drop, according to the National Retail Federation’s 2009 Holiday Consumer Intentions and Actions Survey. According to the survey, price discounts (43.3 percent) and everyday low prices (12.7 percent) will be the most important factors when decided where to shop. Other factors include selection (21 percent), quality (11.8 percent), convenience (4.9 percent), and customer service (4.4 percent).

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