Wednesday, 10 May 2017 13:41

Mother's Day Spending to Break Records in 2017

Written by

For Immediate Release: May 10, 2017
CONTACT: James Miller, This email address is being protected from spambots. You need JavaScript enabled to view it., (850)701-3015

TALLAHASSEE, FL – The Florida Retail Federation (FRF), the state’s premier trade association is representing retailers for over 75 years, is expecting consumers to spend more than ever this year on gifts for mom’s. Mother’s Day shoppers will spend a whopping $186.39 on average this year, up from last year’s $172.22 average. Total spending is expected to reach $23.6 billion.

“We are extremely encouraged by the record high projections for Mother’s Day shopping this year which not only shows the great appreciation we have for moms but also the overall confidence of our consumers and strength of our economy,” stated R. Scott Shalley, CEO and President of the Florida Retail Federation. “Florida’s retailers are constantly rising to meet the demands of their consumers and that will be no different this year as they are preparing for this very exciting and busy holiday.”

According to FRFs partners at the National Retail Federation’s annual survey, conducted by Prosper Insights and Analytics, this year's per person spending is the highest in the survey’s 14-year history. Consumers plan on spending $5 billion on jewelry, $4.2 billion on special outings such as dinner or brunch, $2.6 billion on flowers, $2.5 billion on gift cards, $2.1 billion on clothing, $2 billion on consumer electronics, and $1.9 billion on personal services. The most significant increases from last year are in jewelry spending, which is up 19%, and personal services which are up 15%.

The survey also found a difference in shopping habits based on the age of both the consumer as well as the recipient. For example, “gifts of experience,” such as tickets to a concert, continue to be on the rise with 28% desiring such gifts and nearly half of the consumers surveyed under age 35 plan on giving such a gift. According to the survey, 35% of consumers will head to department stores, and 31% will shop at specialty stores such as florists, jewelers, or electronic stores, while 24% will shop at a small local business. As for online shopping, the survey found that 30% of consumers are expected to shop online, which is up from 27% last year.

The survey asked 7,406 consumers about their Mother’s Day plans and was conducted April 4-11 and has a margin of error of plus or minus 1.2 percentage points.

ABOUT THE FLORIDA RETAIL FEDERATION
Founded in 1937, the Florida Retail Federation is celebrating its 80th anniversary this year as the statewide trade association representing retailers -- the businesses that sell directly to consumers. Florida retailers provide three out of every four jobs in the state, pay more than $49 billion in wages annually, and collect and remit more than $20 billion in sales taxes for Florida’s government each year. In fact, more than three out of four of Florida’s budget dollars come from retail-related activity.

ABOUT THE NATIONAL RETAIL FEDERATION
NRF is the world’s largest retail trade association representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants, and Internet retailers from the United Sates and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs—42 million working Americans. Contributing $2.6 trillion to annual GDP, retails is a daily barometer for the nation’s economy.

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For Immediate Release: May 8, 2017
CONTACT: James Miller, This email address is being protected from spambots. You need JavaScript enabled to view it., (850)701-3015

TALLAHASSEE, FL – As the 2017 Legislative Session comes to a close, three days later than expected, the Florida Retail Federation (FRF) is celebrating several major accomplishments for retailers including the passage of a reduction in the business rent tax and 3-day sales tax holidays for back to school and disaster preparedness. FRF also successfully opposed several proposals which would have been harmful to the retail industry, such as allowing prejudgment interest on personal injury awards and weakening criminal penalties on the backs of retailers. We also had major wins for the Florida Petroleum Marketers and Convenience Store Association (FPMA) and our Beauty Industry Council.

“I am extremely proud of the way our retailers, stakeholders, and association staff worked with the Legislature to accomplish so many of our goals this year,” said FRF’s President and CEO R. Scott Shalley. In all, FRF actively advocated for or against more than 40 pieces of legislation and numerous budget issues. “We continue to prove that our industry remains strong and continues to be a major economic contributor--leading in job growth and many other economic indicators,” added Shalley.

In general business, FRF was successful in opposing burdensome regulations from being passed on to retailers, such as a minimum wage requirement, a measure to increase the number of parking spaces at certain retail establishments, and a measure that would interfere with the relationship between a franchisee and franchisor. FRF also worked to oppose a measure that would allow a utility company to pursue fracking for natural gas in other states and pass 100% of the costs along to consumers. Additionally, FRF was successful in advocating for the passage of a bill that provides greater legal protections to businesses who are subject to ADA lawsuits.

FRF also saw major legislative accomplishments in the areas of identity theft prevention with the approval of a measure to enhance penalties for committing “skimmer” fraud. FRF also played a key role in defeating a measure to weaken criminal penalties for theft. Additionally, a measure to prevent EBT card purchases for candy and soft drinks was defeated due to FRF’s strong opposition. “All of our retailers--from general business, pharmacy, small grocers, and the FPMA-- will benefit from our collective advocacy efforts this session. We look forward to continuing our work, and we are already beginning to gear up for next year,” concluded CEO Shalley.

ABOUT THE FLORIDA RETAIL FEDERATION
Founded in 1937, the Florida Retail Federation is celebrating its 80th anniversary this year as the statewide trade association representing retailers -- the businesses that sell directly to consumers. Florida retailers provide three out of every four jobs in the state, pay more than $49 billion in wages annually, and collect and remit more than $20 billion in sales taxes for Florida’s government each year. In fact, more than three out of four of Florida’s budget dollars come from retail-related activity.

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Monday, 01 May 2017 14:06

Disaster Preparedness Sales Tax Holiday in Jeopardy

Written by

For Immediate Release: May 1, 2017
CONTACT: James Miller, This email address is being protected from spambots. You need JavaScript enabled to view it., (850)701-3015

TALLAHASSEE, FL – Below is a quote from FRF President & CEO R. Scott Shalley regarding the legislature's recent decision NOT to fund the Disaster Preparedness Sales Tax Holiday:

"The Florida Retail Federation (FRF) applauds Legislative leaders for their work on the 2017 tax package. We are, however, concerned to learn that the Disaster Preparedness Sales Tax Holiday has been omitted from the current proposal.

The entire State of Florida was affected by hurricanes in 2016. This Tax Holiday provides an extra incentive to consumers to ensure that Floridians are prepared and protected from dangerous storms. Proper preparation saves money and lives. We strongly encourage legislative leaders to reconsider this decision and include the Disaster Preparedness Sales Tax Holiday in their final tax package.”

ABOUT THE FLORIDA RETAIL FEDERATION
Founded in 1937, the Florida Retail Federation is celebrating its 80th anniversary this year as the statewide trade association representing retailers -- the businesses that sell directly to consumers. Florida retailers provide three out of every four jobs in the state, pay more than $49 billion in wages annually, and collect and remit more than $20 billion in sales taxes for Florida’s government each year. In fact, more than three out of four of Florida’s budget dollars come from retail-related activity.

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Wednesday, 05 April 2017 12:25

Easter Expected to Bring Record Spending

Written by

For Immediate Release: April 5, 2017
CONTACT: James Miller, This email address is being protected from spambots. You need JavaScript enabled to view it., (850)701-3015

Consumers expected to spend more than ever before this year, averaging $152 per person; Food, clothing, candy, flowers and decorations lead the way in popularity

TALLAHASSEE, FL – The Florida Retail Federation (FRF), the state’s premier trade association celebrating its 80th year in supporting Florida’s retail industry, says Floridians will increase their Easter spending to record levels this year, with the per person average expected to top $152, up four percent from 2016. The total expected to be spent nationally is $18.4 billion, up six percent from last year’s record of $17.3 billion and the highest in survey history.

“With Easter falling almost an entire month later than last year, that means warmer weather and more people in the mood to spend money to celebrate,” said FRF President/CEO R. Scott Shalley. “This is great news for Sunshine State retailers, and with more consumers spending more money, we expect stores to be busy in the days leading up to Easter.”

According to the survey, which was conducted by FRF’s national partners at the National Retail Federation, consumers will spend $5.8 billion on food (purchased by 87 percent of shoppers), $3.3 billion on clothing (50 percent), $2.9 billion on gifts (61 percent), $2.6 billion on candy (89 percent), $1.2 billion on flowers (39 percent), $1.1 billion on decorations (43 percent) and $788 million on greeting cards (48 percent).

The 50 percent of consumers planning to buy clothing is up from 45 percent last year and is the highest level in a decade while the $3.3 billion expected to be spent is up 9 percent from last year.

With shopping lists in hand, 58 percent of consumers will head to discount stores, 46 percent will go to department stores and 26 percent will shop at local small businesses. In addition, 27 percent will shop online, up from 21 percent last year. Among smartphone owners, 28 percent will research products on their devices while 18 percent will use their phones to make a purchase, while another 9 percent will use apps to do their research or purchase products.

Consumers plan to celebrate Easter in several different ways: 61 percent will visit family and friends, 57 percent will cook a holiday meal, 52 percent will go to church and 17 percent will go to a restaurant. Children will have plenty to look forward to after the Easter Bunny arrives: 35 percent of consumers will have an Easter egg hunt and 16 percent will open gifts. In addition, some consumers will celebrate with more leisurely activities: 43 percent will watch TV, 10 percent will shop online and 9 percent will head to the movies or shop in a store.

ABOUT THE FLORIDA RETAIL FEDERATION
Founded in 1937, the Florida Retail Federation is celebrating its 80th anniversary this year as the statewide trade association representing retailers -- the businesses that sell directly to consumers. Florida retailers provide three out of every four jobs in the state, pay more than $49 billion in wages annually, and collect and remit more than $20 billion in sales taxes for Florida’s government each year. In fact, more than three out of four of Florida’s budget dollars come from retail-related activity. For more information, visit the FRF website, and follow FRF on Facebook and Twitter.

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