Industry News
All Prosper Insights News
Top stories summarized by our editors
Top stories summarized by our editors

NRF survey: Americans to spend more on mom this year

5/4/2020

Seventy-eight percent of US consumers surveyed said they'll celebrate mom on Mother's Day this year, despite the limitations imposed by the need for social distancing, according to a survey by NRF and Prosper Insights & Analytics. Americans will spend an average of $205 on gifts, about $8 more than last year.

Retailers gear up for post-Super Bowl TV returns

2/3/2020

The first quarter of the year is typically the busiest for TV returns, as liberal return policies and easier-to carry-televisions give more consumers incentive to take back their TVs after the Super Bowl, according to liquidation company B-Stock Solutions. Consumers were forecast to spend $1.5 billion on new televisions in advance of the game this year, according to a survey from NRF and Prosper Insights & Analytics.

Retailers gear up for the busiest shopping day of the year

12/19/2019

About 148 million US consumers are expected to shop on Super Saturday, the last Saturday before Christmas, making it the biggest shopping day of the year, according to a survey from NRF and Prosper Insights & Analytics. Retailers are gearing up, including Target and Walmart, which are stressing customer service, Best Buy, which is offering Christmas delivery of online orders until 5 p.m. Christmas Eve, and Kohl's and Macy's, which will extend their hours leading up to Christmas.

Retailers, shoppers gear up for a season of giving

12/13/2019

About 70% of US consumers plan to make charitable contributions in addition to shopping for friends and family this holiday season, according to a survey from NRF and Prosper Insights & Analytics. Retailers are finding new ways to make it easier for shoppers to give, from in-store drives at The Disney Store and Hollister to a giving-focused pop-up from DSW.

Retailers, shoppers gear up for a season of giving

12/6/2019

About 70% of US consumers plan to make charitable contributions in addition to shopping for friends and family this holiday season, according to a survey from NRF and Prosper Insights & Analytics. Retailers are finding new ways to make it easier for shoppers to give, from in-store drives at The Disney Store and Hollister to a giving-focused pop-up from DSW.

Retailers gear up for Thanksgiving weekend shoppers

11/27/2019

Upward of 165 million Americans are expected to shop during the long Thanksgiving weekend, including 114.6 million on Black Friday, states a survey from the National Retail Federation and Prosper Insights & Analytics. "The tradition of Thanksgiving weekend holiday shopping has become a five-day event with consumers spending money in stores, supporting local small businesses, and online with their mobile devices and computers," NRF President and CEO Matthew Shay says.

Retailers gear up for Thanksgiving weekend shoppers

11/26/2019

Upwards of 165 million Americans are expected to shop during the long Thanksgiving weekend, including 114.6 million expected to spend on Black Friday, according to a survey from NRF and Prosper Insights & Analytics. "The tradition of Thanksgiving weekend holiday shopping has become a five-day event with consumers spending money in stores, supporting local small businesses, and online with their mobile devices and computers," NRF President and CEO Matthew Shay said.

NRF survey: Social media to inspire Halloween purchases

9/26/2019

About 172 million US consumers plan to celebrate Halloween this year, spending an average of $86.27 per person on candy, costumes, cards and decorations for a total of $8.8 billion, according to a survey from NRF and Prosper Insights & Analytics. "Spending hasn't changed much over the past few years, but we are seeing a noticeable increase in consumers whose Halloween purchases are inspired by their friends, neighbors and even celebrities on social media," NRF President and CEO Matthew Shay said.

Consumer confidence reflected in back-to-school shopping

8/9/2019

Families plan to spend more than ever on school and college shopping this year, according to NRF's annual survey conducted by Prosper Insights and Analytics. Families with children in elementary school through high school plan to spend an average $696.70, topping the previous record of $688.62 set in 2012. Meanwhile, families with college students are expected to spend $976.78, outpacing the record of $969.88 set in 2017. View survey highlights.

How Generation Z approaches back-to-school shopping

7/26/2019

Members of Generation Z are becoming more involved with back-to-school purchasing decisions rather than leaving the choices up to mom and dad, according to NRF's annual survey conducted by Prosper Insights & Analytics. Among K-12 shoppers, teens are expected to spend an average $36.71 of their own money this year, up from $30.88 10 years ago, while pre-teens should spend $26.40, up from $11.94. View more survey highlights.