Mother\u2019s Day is shaping up to be a significant event for the retail sector this year, with consumers planning to shower mothers and other special women with gifts, and jewellery is poised to be a major beneficiary. According to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics, overall spending for the holiday is projected to hit $34.1 billion.<\/p>\n
Within that impressive total, jewellery stands out as a top-tier gift category. The survey forecasts that consumers will spend a staggering $6.8 billion on jewellery for Mother\u2019s Day this year. This places jewellery as the leading category in terms of total expenditure, surpassing popular choices like special outings ($6.3 billion), gift cards ($3.5 billion), flowers ($3.2 billion), and greeting cards ($1.1 billion).<\/p>\n
Consumers are planning to spend an average of $259.04 on Mother\u2019s Day gifts and celebrations, an increase of about $5 from 2024, contributing to the growth seen across various categories, including fine and fashion jewellery.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mother\u2019s Day is shaping up to be a significant event for the retail sector this year, with consumers planning to shower mothers and other special women with gifts, and jewellery is poised to be a major beneficiary. According to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics, overall…<\/p>\n","protected":false},"author":1,"featured_media":31393,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-31392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"\n