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Florida families will each spend at least $75 on Super Bowl festivities, retailers say

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The average cost of a Super Bowl party is down slightly in 2017, but the Florida Retail Federation doesn’t think that will stop Floridians from going all out this weekend. Florida families are expected to spend an average of $75 per person to watch Super Bowl LI between the Atlanta Falcons and the New England Patriots on Feb. 5. While the average per person cost is down slightly from last year, total spending across the country is expected to reach…

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Personnel note: St. Pete’s Mindy Grossman named National Retail Federation chair

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Home Shopping Network Inc. CEO Mindy Grossman will become the new chair of National Retail Federation board of directors. Grossman, a St. Petersburg resident, was elected this week to serve a two-year term. She replaces Kip Tindell, the co-founder and chair of the Container Store. Neiman Marcus Group CEO Karen Katz was also named chair of the NRF Foundation. Representing vendors from the U.S. and more than 45 countries, the National Retail Federation is the world’s largest retail trade association.…

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Retailers expect Halloween to break records, $8.4B in sales

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Halloween is expected to set records this year with more than $8.4 billion in retail sales, according to a new survey from the National Retail Federation. NRF estimates more than 171 million Americans plan to celebrate the holiday and will spend an average of $83 each on costumes, candy, decorations, and greeting cards. The numbers are a big jump over 2015, when Americans spent about $74 each — or $6.9 billion total. “More families are making a bigger deal out of…

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Barbecues, fireworks and travel boost expected Independence Day spending to record $7 billion

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Consumers are expected to spend more than $7 billion celebrating Independence Day this year according to a new survey released by the National Retail Federation. The total slightly edges out 2015’s record-setting numbers, when consumers spent an average of $71.23 celebrating the holiday. “Floridians will celebrate Independence Day this year by spending in record numbers, making it potentially a very prosperous holiday weekend for our retailers statewide,” said Florida Retail Federation President and CEO Randy Miller. “Low gas prices, nice…

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Retailers expect record Father’s Day spending in Florida

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Father’s Day spending is poised to hit a record high according to a new survey released by the National Retail Federation. “Father’s Day serves as an informal kickoff to the summer shopping season, and we expect it to be a record-setting start statewide,” said Florida Retail Federation President/CEO Randy Miller. “More Florida families are feeling better about their economic situation, which bodes well for dads, in terms of receiving gifts, and for retailers who can expect increased sales.” According to…

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Mother’s Day spending expected to top near-record $21.4B

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Mother’s Day shoppers are expected to spend more $21.4 billion on gifts in 2016, nearly matching last year’s record-setting sales figures. A survey released Monday by the National Retail Federation estimates 84 percent of consumers will buy gifts for Mother’s Day, with the average family expected to spend $172.22 celebrating their matriarchs this year. The figure is just shy of 2015’s $172.63 average, but remains $10 higher than 2014 numbers. “It’s wonderful to see families wanting to celebrate and honor…

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