Floral sales are expected to reach $1.8 billion this Valentine's Day, according to the National Retail Federation. The Society of American Florists reports that a dozen roses retails for an average of $60 nationwide, but on Valentine's Day, that figure is closer to $80. (Reuters)
Approximately 150 million people will say "Be Mine" with a paper card this Valentine's Day, according to the Greeting Card Association (GCA). When Valentine's Day falls on a weekday, the GCA has reported higher sales of greeting cards, as classmates and co-workers are more likely to exchange Valentines.
Valentine’s Day spending will hit $17.6 billion this year, according to the National Retail Federation (NRF). That breaks down to an average of $126.03 per person, up 8.5% from last year-- the largest increase in Valentine's Day spending in 10 years. When it comes to overall consumer dollars being shelled out, Valentine's Day is second only to Christmas, according to the NRF. (iStock)
Planning a romantic dinner on the town? Expect to spend an average of $146.52 per couple, according to Zagat. The National Retail Federation reports a total of $3.6 billion will be spent by couples dining out this Valentine's Day.
Valentine's Day is the single largest sales day for boxes of chocolate, according to the Chocolate Manufacturer's Association of America. Chocolate company Godiva says it will sell approximately 15,000 chocolate-covered strawberries every hour on Valentine's Day at its stores nationwide. (Reuters)