[VIDEO] Gill’s Deals: Valentine’s Day Gift Deals
Consumers lavish attention on their loved ones on Valentine’s Day and that gives a revenue boost to retailers who cater to this market. Spending on candy, cards, flowers, evenings out, and other gifts traditionally increase in advance of the holiday. Gift-giving also increased year-over-year for the holiday, showing a rise in consumer confidence when it comes to luxury spending.
In 2018, consumers spent more than in 2017.
“The vast majority of Valentine’s Day dollars are stillspent on significant others, but there’s a big increase this year in consumers spreading the love to children, parents, friends and coworkers,” NRF President and CEO Matthew Shay said. “Those who are participating are spending more than ever and that could be the result of the strong economy. With employment and income growing, consumers appear to be expanding the scope of who qualifies for a card or a box of candy.”
This year it is predicted that consumers will spend an average of $161.96 this year. That’s up 13 percent from last year’s $143.56 and easily tops the previous record of $146.84 set in 2016. Total spending is expected to be $20.7 billion, which is an increase of 6 percent over last year’s $19.6 billion and breaks the previous record of $19.7 billion, also set in 2016.
Men spend nearly twice as much as women: $196.39 per guy versus $99.87 per gal. Demographic trends can affect spending on Valentine’s Day. The proportion of older people continues to rise.
They are less likely to celebrate the holiday. Younger people, who still try to impress potential mates, participate more than older, more settled folks. Nearly two-thirds of those between the ages of 25 and 34 celebrate the holiday, and 60 percent of those between 18 and 24 years old do so.
More shoppers visit department stores (35 percent) than discount stores (32 percent). Online shopping has captured more consumers, with 29 percent using Amazon and the like. But 19 percent still go to specialty stores, and 17 percent stop by the florist’s shop. Retailers stock the shelves with deals in anticipation of value-conscious shoppers.
I went out to find great Valentine’s Day gift deals and here is what I found:
GILL’S DEALS : Week of Feb.. 3, 2019
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Food
Restaurant: OLIVE GARDEN
Deal: Olive Garden’s Never Ending Pasta special is back with endless Stuffed Pastas starting at $12.99.
The new special – featuring Olive Garden’s Stuffed Pastas for the first time – gives you unlimited pasta, homemade sauces, pasta toppings, soup or salad and breadsticks. Unlimited Pasta is Olive Garden’s most popular promotion.
For more info, CLICK HERE
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Entertainment and it’s FREE
Academy Award®-nominated “Black Panther” returns to the big screen to celebrate Black History Month for a one-week engagement, February 1-7, at 250 participating AMC Theatres locations.
Locations at The streets at Southpoint AMC 17 and Durham 15(Wynnsong) will be showing Black Panther at select times!
Click HERE to claim your free showing.
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Housewares
Store: MACY’S
Item: Select Bedding Sets
Deal: Sale $54.99
Originally $200.00
(72% off) Sale ends 2/5/2019
Sets include: comforter, two shams, bedskirt and three decorative pillows!
For more info, CLICK HERE
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Men’s Clothing
Online Store: PROOZY.com
Item: North Face Fleece Jacket
Deal: Sale $85.99 originally $100.00
For more info, CLICK HERE
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Cookware
Store: MACY’S
Item: Stainless Steel 13-Pc. Cookware Set
Deal: Sale $39.99
Limited-Time Special
Originally $119.99
(66% off) Sale ends 2/5/19
I featured this deal back in December and guess what? It’s back! Over 65% off in savings. I actually purchased this set the first time it was on sale and it is worth the deal!
For more info, CLICK HERE
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Women’s Clothing
Brand: BERRYLOOK
Item: Faux Fur Collar Coat
Deal: $35.95
I purchased this coat two weeks ago for My New York Trip and i absolutely love it! In various colors and detailing, it’s very warm and cozy! A deal for $35.95 online!
For more info, CLICK HERE