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Our
Featured News articles will cover Halloween items from all over the
country. Some industry news, some business news and some just
interesting Halloween news can be found here. We'll try and keep up to
date with new Halloween industry news as we find it. |
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HALLOWEEN POPULAR WITH ADULTS AS WELL AS
CHILDREN
Nearly Half of Young Adults Attending Halloween Parties This Year
ARLINGTON, VA, October 13, 1999Most adults and
youngsters will participate in Halloween this yearwhether at a party,
trick-or-treating or passing out candy. According to a survey by the International
Mass Retail Association, nearly all Americans (82%) are purchasing candy, costumes,
decorations, and other items for Halloween. "Halloween is becoming as much a
holiday for adults as it is for children," said IMRA President Robert J. Verdisco.
This is particularly true for Gen-Xers and younger Baby
Boomers. According to IMRA's survey, nearly one-quarter (23%) of the adult
population plans to attend a Halloween party this year. This number is significantly
higher among younger adultsnearly half of those age 18-24 (44%) will attend a party,
followed by more than one-third of those age 25-34 (34%).
"This continues a trend we saw last year, when we
discovered that one-third of adults planned to dress up for the holiday," said
Verdisco. It was even higher for younger adults: nearly two-thirds (62%) of
all adults between ages 18-24 planned to wear costumes, followed by 44% of the 25-34
year-olds and 40% of those age 35-44.
"In addition, younger adults are also spending
significantly more on items for Halloween," said Verdisco. "This explains
why Halloween has become the number two retail holiday behind Christmas." This
year, the average American will spend $36 on Halloween items. Younger adults,
particularly those likely to have young children, will spend the mostadults age
35-44 will spend $50 on average; those age 18-24 will spend $42 on average; and adults age
25-34 will spend $41 on average.
Halloween has long been recognized as the leading candy
holiday, and this continues to hold true with threequarters of the population
planning to buy candy for Halloween. However, IMRA retail members report that
costumes for both adults and children, as well as home decorations and party goods are
equally important categories. According to IMRA's survey, almost one-third of adults
will buy costumes (30%) and decorations (29%) for Halloween. In addition, consumers
are also purchasing party supplies (14%) and cards (13%).
"Adult costumes and decoration sales are likely to be
popular again with Halloween falling on a weekend," Verdisco said. "For
all their party needscostumes, decorations and candyconsumers are turning to
discounters for convenience, quality and value."
In fact, IMRA's survey reveals that discount department
stores are the prime Halloween shopping venue for nearly one-half (46%) of American
consumers buying Halloween goods. Other Halloween shopping destinations include
grocery stores (23%), drug stores (6%), department stores (6%), and big box (4%) or small
(3%) specialty stores.
IMRA Halloween Fun Facts:
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Men are likely to spend more ($43 average) than women ($29) on
Halloween, and more likely to attend parties (25%) than women (21%).
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Consumers in the West will spend the most on Halloween ($51),
followed by the Northeast ($42), Midwest ($30) and South ($27).
According to the Chocolate Manufacturer's Association, an
estimated $1.5 billion will be spent on candy this Halloween.
Source: International Mass Retail Association
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Every
year, Halloween enthusiasts anxiously await the retail
industry to begin their Halloween season and see who's
first to stock products for the spooky season. Many
stores begin stocking Halloween products as early as
July! |
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