holiday

With Fewer Hugs, Consumers Plan To Spend More On Dad



While social distancing may be keeping some people away from dear old dad this year, it looks like they’ll spend a little more on him to make up for it.

The National Retail Federation reports 75% of consumers surveyed plan to celebrate Father’s Day in some way, down a bit from 2019. Those who are observing the holiday say they intend to spend about $149 on gifts, an increase of about $10 compared to last year, amounting to roughly $17 billion in total spending.

And while more celebrations will certainly be virtual compared to a COVID-free 2019, it’s clear consumers are feeling a little more confident about venturing out to see extended family. Some 58% of respondents say they are likely to celebrate Dad virtually this year, compared with 66% who did so for last month’s Mother's Day holiday.

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Whether they’ll see him in person or not, 77% say that Father's Day feels more important this year, precisely because of COVID-19. And among shoppers under the age of 35, that means looking for gifts that are unique or somehow create a special memory.

Interest in giving personal care products is up 25%. And while that includes the always popular grooming and aftershave category, it likely includes items like men’s hair clippers for at-home cuts.

Also reflecting DIY pandemic trends? Gifts for gardening, along with tools and appliances, are more appealing, with 21% more people saying they’ll purchase gifts in those categories compared to 2019.

While taking Dad out for a special meal or buying him tickets to a game or concert may be more challenging this year, experiential gifts are still popular, mentioned by
22% of givers.

Subscription boxes are also appealing, cited by 36%. Men are especially keen on such gifts, with 44% mentioning them.

The survey, conducted by Prosper Insights & Analytics, is based on responses from 8,200 adults.

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