It is located in Marin County, California.
NRF: For many, holiday shopping already has begun
Enticed by early deals offered by retailers, more than half of American consumers have started their holiday shopping, a National Retail Federation (NRF) survey shows.
New York--Enticed by early deals offered by retailers, more than half of American consumers have started their holiday shopping, a National Retail Federation (NRF) survey shows.
According to the holiday consumer spending survey, almost 54 percent of consumers have begun purchasing gifts in some capacity. Only 46 percent indicated that they haven’t begun at all yet, the smallest percentage in the survey’s history, according to the NRF.
“Shopping early has become a very real trend with consumers today as they look for ways to spread out their budget, and retailers have answered their call with attractive holiday offerings as early as October,” said NRF President and CEO Matthew Shay.
“Holiday shoppers will have ample opportunities to find the perfect gift. Whether online using free shipping or in store on Thanksgiving or Black Friday, given the competitive nature of the season, consumers will be the clear winners this year.”
The most popular gift choices are clothing and clothing accessories, toys, books, DVDs, and consumer electronics, among other things. More than half of shoppers also will get gift cards, which have been the most-requested gift item for seven years in a row.
Nearly 23 percent of those surveyed indicated that they would purchase jewelry items this holiday season as well.
No matter what they are buying, consumers will remain cautious this holiday season, looking for both value and price when buying gifts.
When it comes to looking for ideas of what to get and where to find the best deals, shoppers indicated that the Internet and social media would continue be popular--48 percent of consumers said they would look online.
Still, the survey results also indicated that traditional methods of gift-finding continue to appeal to consumers, as 36 percent said they would use retailers’ advertising circulars and 34 percent said they would look in catalogs.
“Even with smaller budgets this year, consumers will still splurge on popular discretionary-type gifts for their friends and family, but will shop around and compare prices as they’ve done for years,” said Pam Goodfellow, Prosper Insights & Analytics’ consumer insights director. “Looking for inspiration online and on their social media channels, many budget-conscious shoppers will also look for ways to surprise their loved ones with homemade and personal gifts.”
The NRF’s holiday consumer spending survey was conducted by Prosper, and polled 6,201 consumers from Nov. 1 to 7, 2013.
The Latest
May’s birthstone is beloved for its rich green hue and its versatility.
Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
The brand also created a 100-carat lab-grown diamond necklace in honor of its centennial.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
Tim Schlick has been promoted from his previous position as COO.
It’s the second year for the event, slated to take place in October in Toronto.
Supplier Spotlight Sponsored by GIA
Sales will be paused while the relocation takes place over the next few months.
“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
The retailer is moving to a newly designed space in the same shopping center.
The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
The two organizations will host a joint event, “Converge,” in September 2025.
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
The Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
The announcement came as the company reported a 23 percent drop in production in Q1.
The three-time Pro Bowler continues to partner with the retailer, donating to a Detroit nonprofit and giving watches to fans.
A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.