Valentine’s Day sales are being predicted, and while some believe consumer spending will fall flat, the National Retail Federation’s (NRF) data concludes that nearly $14.2 billion of total spending on significant others is expected this year.
The NRF and Prosper Insights & Analytics have released their annual survey revealing the spending scale and gift preferences for this important holiday. As a result, retailers are gearing up to cater to customers’ needs this year, offering a broad range of meaningful and memorable gifts to help express their feelings.