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Out of pocket, not spirit: Despite inflation, people to spend record bucks on Valentine’s Day – Firstpost
FirstpostIt’s Valentine’s Day and couples are willing to spend a bomb to portray their love. NRF President and CEO Matthew Shay said, “This year, as consumers embrace spending on friends and loved ones, retailers are ready to help customers celebrate Valentine’s Day with memorable gifts at affordable prices.” Economic woes will not stand in the way of love, said most consumers. “This year, as consumers embrace spending on friends and loved ones, retailers are ready to help customers celebrate Valentine’s Day with memorable gifts at affordable prices,” Shay added. Another survey conducted by ‘Sezzle’ – a US and Canada-based payment platform – showed that 63 per cent of those surveyed had planned to purchase gifts for their loved ones on Valentine’s Day. Although in recent years Valentine’s Day has been associated more with younger people, the survey found that those aged between 35 and 44 are expected to outspend other age groups.
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