Mother's Day Gifts Will Earn U.S. Retailers $23.6 Billion!

Meera Dolasia
Wed, 10 May 2017 11:19:41 -0700

Every Mother’s Day, Americans show their appreciation for the special woman in their lives by showering her with lavish gifts. This Sunday (May 14) is going to be no exception. A National Retail Foundation (NRF) study of 7,400 people revealed that consumers plan to spend an average of $186 for the holiday, totaling to an astounding $23.6 billion. This is the highest amount since the survey began 14 years ago, and easily topples 2016’s record spend of $21.4 billion.