Holiday Spending Predicted to Increase

ClOLIDAY SPENDING PREDICTED TO INCREASE THOUGH 1 IN 4 AMERICANS WORRIED ABOUT MONEY FOR HOLIDAY GIFTS BLACK FRIDAY NOV 23 2012 This year, Black Friday falls on the earliest possible date. However... 1 in 4 35% people worried about having money for holiday gifts this year' of families with children are worried about paying for holiday gifts this year LAST YEAR $52 BILLION *2011 A record $52 billion was spent? 226 The average holiday shopper spent $398.622 MILLION 226 million shoppers visited stores and websites? WHAT ARE PEOPLE BUYING?? 51.47 32.67 CLOTHING AND CLOTHING ACCESSORIES |h TOYS 39.47 ELECTRONIC ITEMS 23.17 GIFT CARDS a1.37 13.8% HOME DÉCOR illli JEWELRY HOLIDAY SPENDING PREDICTIONS 2012 * PREDICTIONS prom the RETAIL INDUSTRY PREDICTIONS about PREDICTIONS about effect of ONLINE SHOPPING HURRICANE SANDY Holiday shopping season SALES WILL INCREASE 4.1% compared to the 2011 holiday shopping season Online sales will INCREASE 12%, reaching between $92 and $96 billions Hurricane Sandy threatens to reduce clothing and holiday gift sales during November, while BENEFITING SUPERMARKETS AND HOME-IMPROVEMENT STORES U.S. Postal Service is expecting a 20% INCREASE in shipments, compared to 20117 75% OF RETAIL LEADERS PREDICT that sales for the 2012 Christmas shopping season will be higher than they were in 20115 36% OF RETAILERS PLAN TO HIRE more seasonal workers, up 16% from last years CashNetUSA.com. 1"TNS study sponsored by CashNetUSA." CashNetUSA. N.p., 1 Sept. 2012. Web. 12 November 2012. <www.CashNetUSA.com/>. 2"Black Friday weekend shines as shoppers line up for deals, spend record $52 billion." National Retail Federation N.p., 27 Nov. 2011. Web. 12 Nov. 2012. <http://www.nrf.com/modules.php?name=News&op3Dviewlive&sp_id3D1260>. McMillan, Graeme. "Black Friday online spending up 26%, Apple and Amazon increase sales fourfold." TIME.com. N.p., 28 Nov. 2011. Web. 12 Nov. 2012. <http://techland.time.com/2011/11/28/black-friday-online- spending-up-26-apple-and-amazon-increase-sales-fourfold/>. 4"NRF, Shop.org expect solid growth this holiday season." National Retail Federation. N.p., 2 Oct. 2012. Web. 12 Nov. 2012. <http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id%3D1433>. SHay Group. "Retailers' holiday sales projections and hiring plans indicate more confidence in economy, consumers, Hay Group survey finds." Hay Group - Worldwide. N.p., 10 Sept. 2012. Web. 12 Nov. 2012. <http://www.haygroup.com/ww/press/details.aspx?id%3D34673>. Deatsch, Katie. "Online holiday sales will increase 12% this year." Internet Retailer. N.p., 2 Oct. 2012. Web. 12 Nov. 2012. <http:/http://www.internetretailer.com/2012/10/02/online-holiday-sales-will-increase-12-year>. CNN. "Postal Service predicts record holiday shipments." CNNMoney. N.p., 8 Nov. 2012. Web. 12 Nov. 2012. <http://money.cnn.com/2012/11/08/news/companies/postal-holiday-shipments/index.html>. ®Bloomberg. "Hurricane sandy threatens November retail sales." Bloomberg. N.p., 29 Oct. 2012. Web. 12 Nov. 2012. $398.02