Survey: St. Patrick’s Day will boost retail spending
WASHINGTON — A popular Irish holiday may give retailers some luck.
Total spending on St. Patrick’s Day festivities is expected to hit $4.14 billion this year, with 52.4% of Americans intending to celebrate the Irish holiday — up 7.2% from last year — according to the National Retail Federation’s 2011 St. Patrick’s Day Consumer Intentions and Actions survey, conducted by BIGresearch. In the survey’s eight-year history, the number of consumers that reported plans to celebrate St. Patrick’s Day is at an all-time high, NRF and BIGresearch noted.
The survey found that young adults ages 18 to 24 years will be the biggest group attending private parties this year (33.9%), while adults ages 25 to 34 years will spend the most ($41.30 per person).
“March is typically one of the slower months of the year in terms of consumer spending, but we expect this year’s celebration to provide a nice boost for companies who are in the business of promoting the holiday,” said Phil Rist, EVP strategic initiatives at BIGresearch.
Cvs has nothing for st patricks day mostly easter stuff. Retail gets holidays all wrong I've gone into stores. An there 2-3 months into selling stuff b4 the holiday date. Cvs has easter stuff out an a small endcap of green that is freakin lame!
Replenish arriving at select Whole Foods locations
CHICAGO — An ultra-concentrated, multisurface cleaner in a reusable bottle system is being rolled out at select Whole Foods stores.
Replenish said its all-in-one bottle will be available next month in 33 of Whole Foods’ stores in the Midwest. The system, the company said, allows consumers to measure, mix with water, store and spray powerful cleaners using replaceable concentrate pods, instead of buying premixed cleaners.
Replenish is available in three scents: fresh lavender, sun lemon and green tea.
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American Greetings keeps HQ in Ohio
BROOKLYN, Ohio — American Greetings won’t be moving its headquarters from northeast Ohio, the company’s CEO said Monday.
The greeting cards maker said it would continue to review sites in northeast Ohio, including its current headquarters in Brooklyn, according to CEO Zev Weiss.
Last year, American Greetings began reviewing site options for its 2,000-employee corporate headquarters. Last November, the company narrowed its scope and began considering locations in northeast Ohio and greater Chicago.
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