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How Will Valentine’s Day Fare for Retail in 2024?

February 6, 2024

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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.

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