2018 Spending is UP! Second only to 2017 spending which estimated by National Retail Federation to be $15.5 billion purchases for Father's Day, experts expect $15.3 billion in spending in 2018.
Who is getting Gifts? Of those surveyed....
What are they buying?
Where are they shopping?
Father's Day is a BLIP on the retail
sales radar. Here are some facts & figures
2014
Consumer spending in the United States
There's not much meeting of the minds when it comes to moms & dads shopping together in stores. A 2013 survey found that men become bored after only 26 minutes of shopping, while it takes women a full two hours. 80% of men don't like shopping with their partners, 45% avoid doing so at all costs and nearly half of all spousal shopping trips end in arguments.
As the, Father's Day is a blip on the
retail sales radar compared to Christmas and
Mother's Day, but the sentimental importance
of the occasion will never be overlooked by
consumers. According to NRF's 2014 Father's
Day Spending Survey conducted by Prosper
Insights & Analytics, the average person will
spend $113.80 on neckties, tools, electronics
and other special gifts for dad, slightly down
from $119.84 last year. Total spending for the
holiday is expected to reach .
While most people (64.1%) will simply say
thank you to dad with a greeting card, four
in 10 (41.5%) will treat dad to new apparel
items such as neckties and sweaters,
spending a total of $1.8 billion, while
another 42.6% will celebrate with
special outings such as dinner or a tickets
to a sporting event, spending a total of
$2.5 billion. Those celebrating Father's Day spend $1.6 billion on electronic gifts like smartphones and tablets, and $1.8 billion on
gift cards.
Dad's loved ones will look for gifts at a
variety of locations, including discount
stores (28.1%), online (28.4%) and specialty
stores (24.2%); 16.6% say they plan
to support their communities and shop at a
local or small business to find gift items
for dad. Most shoppers, however, will head
to dad's favorite department store (35.8%).
More than half of survey respondents plan to
shop for their father or stepfather (52.3%)
and 27.6% will look for ways to show
their appreciation for their husband.