The data is part of Brand Keys' Customer Loyalty Engagement Index, which polled 1,200 men and women 18-60 years of age, asking whether -- and how -- they were planning to celebrate Mother's Day. The Index said consumers will spend more on everything but jewelry and spa services.
"While average spend for Mother's Day is not significantly lower than last year, the effects of the economic downturn are showing up more in the types of retailers where consumers indicate they'll be shopping and some small cutbacks in more expensive gifts," says Robert Passikoff, CEO of the firm.
The beneficiaries of a tougher economy and more careful spending on the part of consumers are showing up most for discount stores (at which consumers say they will spend 30% over last year for Mother's Day) and department stores (up 10% over last year).
Passikoff says consumers' increasing favor for discounters is a halo
effect from the past holiday shopping season.--Karl Greenberg