RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Easter By the Numbers

March 24, 2016 1:48 am

Easter may be arriving early this year, but that won’t curb holiday spending.

According to a report by the National Retail Federation (NRF), Easter spending this year is expected to reach $17.3 billion—a record high—with Americans spending an average of $146 each on everything from food to flowers. The breakdown is as follows:

• Food ($5.5 billion)
• Clothing ($3 billion)
• Gifts ($2.7 billion)
• Candy ($2.4 billion)
• Flowers ($1.2 billion)

And this year, celebrants will spend the day in a variety of ways. The most popular activities:

• Visiting Family and Friends
• Cooking a Holiday Meal
• Going to Church
• Going to a Restaurant
• Having an Easter Egg Hunt
• Opening Gifts

“Easter is a traditional holiday that consumers of all ages and on all budget levels celebrate with family and friends,” says Pam Goodfellow, principal analyst at Prosper Insights & Analytics, which contributed to NRF’s report. “Consumers have long lists of items they need to get their spring off to a good start.”

Source: NRF

Published with permission from RISMedia.


Frustrated by a Furniture Retailer? You're Not Alone

March 24, 2016 1:48 am

Consumers rely on a range of industries and services when it comes to owning a home—but one service tends to leave little to be desired, according to a report by the Better Business Bureau (BBB).

The BBB, which facilitates consumer grievances with various industries, reports that more consumers are submitting complaints about furniture retailers, citing a 12.9 percent spike in complaints in the last year alone.

“The furniture industry saw 5 percent growth in 2015, so that explains part of the increase,” says Rubens Pessanha, director of Market Research and Insights for the Council of Better Business Bureaus. “More than half of the complaints to BBB had to do with the products themselves: the quality, delivery, guarantees, and refunds and exchanges.

“The good news,” Pessanha adds, “is that the industry has a respectable rate of settling BBB complaints…85 percent. That’s better than the overall average of 79 percent across all industries.”

The BBB also reported an increase in inquiries related to home maintenance services, though these inquiries do not necessarily reflect complaints on the part of consumers.

Source: BBB

Published with permission from RISMedia.