Consumers projected to spend $27.5 billion on Valentine's Day

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Valentine's Day 2025 comes with a bit of a sour surprise, chocolate prices have increased significantly due to a crisis in cocoa production. This is the third consecutive year in which harvests have been insufficient, which has triggered the cost and, consequently, of chocolate products.Read more]]>

Brainerd Dispatch

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Diamonds shine bright for Valentine’s shoppers

BRAINERD — Billions of dollars worth of jewelry was expected to make its way into the hands of consumers this year for Valentine’s Day. According to CapitolOne Shopping Research, Americans spent $6.4 billion on Valentine’s jewelry in 2024. That number makes up nearly one-quarter of all Valentine’s-related purchases for the year and is an increase from $5.5 billion spent in 2023. Ed Menk has firsthand experience with the rise in Valentine’s Day j…

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Valentine's Day spending expected to reach a record high this year

If youre purchasing anything for Valentines Day this year, then you are contributing to the record $27.5 billion expected to be spent on the holiday this year in the U.S. Thats according to the National Retail Federation (NRF), which states this is nearly $2 billion more than last year.I think its a lot more guys buying for girls than girls buying for guys so far, said Christine Ridout, Morro Made owner.According to the NRF, the most popular gif…

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Valentine’s Day spending hits record high

Valentines Day spending is reaching new highs this year, with Americans expected to shell out a record $27.5 billion, according to the National Retail Federation. Thats up from $25.8 billion last year.The average person plans to spend $188.81, slightly more than last years $185.81. Traditional gifts remain popular with candy, flowers, and greeting cards at the top of the list. About 35% of consumers plan to spend on a night out, while 22% are sp…

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'Who doesn't love flowers?' Lee’s Summit florist sees growth in consumer spending this Valentine’s Day

The National Retail Federation predicts consumers will spend a record breaking $27.5 billion to tell someone “I love you."

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A very bright Valentine's Day!

Happy Valentine's Day! Bright sunshine returns today with chilly temperatures in the 30s. Winds will be much more manageable for the second half of the day. The weekend turns more active. It is a cold start to the day and if this next weather maker gets here early it will have enough time to lay down some snow and even a mix before switching over to rain. Scattered showers stick with us into Sunday, but it will be a lot warmer. Next week is look…