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Prosper Insights & Analytics

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

NRF projects strong spending for Easter

NRF projects strong spending for Easter

WASHINGTON — Easter spending is expected to total $18.2 billion this year, according to a survey released Thursday by the National Retail Federation and Prosper Insights & Analytics. A total of 81% of Americans will celebrate the holiday and spend an average of $150 per person, the survey found. That is down from last year’s

NRF: Late Easter should bring record spending

NRF: Late Easter should bring record spending

WASHINGTON – Easter will come nearly three weeks later this year than in 2016, and the National Retail Federation forecasts that the extra time will translate into higher sales for American retailers. According to NRF’s annual survey conducted by Prosper Insights & Analytics, spending for Easter is expected to reach $18.4 billion this year, up

NRF projects $14.1 billion in Super Bowl spending

NRF projects $14.1 billion in Super Bowl spending

WASHINGTON — The Super Bowl is a big deal for retailers, with American consumers projected to spend an $14.1 billion (or an average of about $75 each) to mark this year’s big game on February 5. That is according to the National Retail Federation’s annual Super Bowl Spending Survey, conducted by Prosper Insights & Analytics.

Sharp deals lure holiday shoppers

WASHINGTON — Retailers used strong deals and promotions to attract more than 154 million shoppers over the Thanksgiving weekend, according to an annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. “It was a strong weekend for retailers but an even better weekend for consumers, who took advantage of some really