Prosper Insights & Analytics

NRF: More consumers seeking bargains this Easter

NRF: More consumers seeking bargains this Easter

WASHINGTON – Eighty percent of Americans plan to celebrate Easter this year and will collectively spend $20.8 billion to mark the holiday, according to a survey released Monday by the National Retail Federation and Prosper Insights & Analytics. That projected figure is down slightly from last year’s forecast of $21.6 billion. “Consumers are eager to

Valentine’s Day spending to hit $23.9 billion

Valentine’s Day spending to hit $23.9 billion

WASHINGTON  – Valentine’s Day spending is expected to reach $23.9 billion this year, up from $21.8 billion in 2021 and the second-highest year on record, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “Following the historic level of consumer spending over the winter holidays, it appears

NRF: Thanksgiving weekend shopping tops forecasts

NRF: Thanksgiving weekend shopping tops forecasts

WASHINGTON – Nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to a survey released Tuesday by the National Retail Federation and Prosper Insights & Analytics. “Retailers have adapted and enticed customers with a number of incentives throughout November. The Thanksgiving holiday weekend remains a significant

NRF foresees busy Thanksgiving weekend for retailers

NRF foresees busy Thanksgiving weekend for retailers

WASHINGTON – Nearly 2 million more people than last year are expected to shop from Thanksgiving Day through Cyber Monday this year, according to a survey released Wednesday by the National Retail Federation and Prosper Insights & Analytics. “We’re expecting another record-breaking holiday season this year and Thanksgiving weekend will play a major role as

Record back-to-school season expected

Record back-to-school season expected

WASHINGTON – Consumers plan to spend record amounts for both school and college supplies as families and students plan to return to in-person classrooms this fall, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “The pandemic forced parents and their school-aged children to quickly adapt to

NRF expects robust Easter spending

NRF expects robust Easter spending

WASHINGTON – Consumers plan to spend an average of $179.70 this Easter, the highest figure on record, according to results of the annual survey released Wednesday by the National Retail Federation and Prosper Insights & Analytics. A total of 79% of Americans will celebrate the holiday and spend a collective $21.6 billion, down slightly from

NRF: Consumers to spend less this holiday season

NRF: Consumers to spend less this holiday season

WASHINGTON – Consumers expect to spend a bit less this holiday season, according to the annual survey released Tuesday by the National Retail Federation and Prosper Insights & Analytics. Most of that decline will stem from consumers making less use of holiday sales for non-gift purchases. Buying presents for friends and family will still be

Online classes impact back-to-school spending

Online classes impact back-to-school spending

WASHINGTON – Parents are spending more on computers and other electronic gear because they increasingly think at least some of their children’s classes this fall will happen online, the National Retail Federation and Prosper Insights & Analytics said Monday. “Consumers still face a great deal of uncertainty even as school begins to start and are

COVID-19 may boost back-to-school spending

COVID-19 may boost back-to-school spending

WASHINGTON – Back-to-school spending may get a boost from the coronovirus this year, according to a survey released Wednesday by the National Retail Federation and Prosper Insights & Analytics. Consumers are tentatively planning to spend a record amount as they buy laptops and computer accessories to prepare for the classes will take place online because

Thanksgiving weekend spending rises 16%

Thanksgiving weekend spending rises 16%

WASHINGTON — Americans shopped in record numbers over this year’s Thankgiving holiday weekend, the National Retail Federation said Tuesday. A survey conducted for the NRF by Prosper Insights & Analytics found that a record 189.6 million U.S. consumers shopped in stores and online from Thanksgiving Day through Cyber Monday this year. That’s up 14% over

Father’s Day spending expected to hit record

Father’s Day spending expected to hit record

WASHINGTON – Americans are expected to spend a record $16 billion on Father’s Day gifts this year, according to the National Retail Federation’s annual survey conducted by Prosper Insight & Analytics. That’s up from last year’s $15.3 billion. “Fathers, husbands and sons can expect to feel the love this Father’s Day,” NRF president and CEO

Exceptionally strong start for holiday sales

WASHINGTON — Between Thanksgiving Day and Cyber Monday, retailers hosted about 165 million shoppers in their stores and on the websites, according to a survey from the National Retail Federation (NRF) and Prosper Insights & Analytics. The survey found average spending per person over the five-day period was $313.29, with 69% of the money going