Americans Are Searching for Experiences For Valentine's Day
Americans are opening their wallets to celebrate romance - and a lot of them are looking for experiences.
According to the National Retail Federation, people are expected to spend $23.9 billion this Valentine's Day.
While candy, greeting cards and flowers make the top three most popular gifts, experiences are growing in popularity. This year, 31 percent of respondents said they plan on gifting an activity, whether that's dinner out or tickets to see a show. It's up from just 24 percent in 2021.
"We've had a rough two years," said Junior's Restaurant owner Alan Rosen. "People are itching to get out, enjoy themselves. They want experiences. They want to go to famous restaurants. They want to go to places and travel, and, of course, have some great cheesecake with their loved ones."
The diner chain, famous for its cheesecake, is celebrating the holiday by offering vow renewals and weddings at its flagship location in Brooklyn, NY. Rosen even got ordained in order to facilitate the ceremonies. Three lucky couples who had Junior's-related love stories were gifted a New York honeymoon, where they got tickets to Broadway show, a hotel stay in the Big Apple and other treats including Junior's cheesecake for life.
"Just in this recent weekend with the mask mandate being lifted, I think people felt a little bit overjoyed," Rosen said about business bounding back. "Obviously, Valentine's Day is a great time to celebrate."
Rhett Power shares his startup journey, lessons from his early years and insights from his book on overcoming negative self-talk to lead with confidence.
Despite inflation, Americans aren’t giving up the gym. Crunch Fitness CEO Jim Rowley discusses strong growth, value-driven expansion and what the future holds.
Home prices far outpacing incomes, low inventory, and higher living costs are reshaping the market. WSJ’s Veronica Dagher breaks down the challenges ahead.
As commercial options tighten, more travelers are turning to private aviation. Wheels Up CEO George Mattson breaks down capacity and demand challenges.
Layoffs, hiring slowdowns, and shifting skill demands dominate this year’s job talk. LinkedIn’s Kory Kantenga explains what workers should watch for next.
Retailers face tariffs and cost challenges this holiday season. Wells Fargo's Lauren Murphy shares insights on pricing, promotions, and shopping trends.
Dateability, founded by sisters Jacqueline and Alexa Child, is the only dating app for disabled and chronically ill communities, fostering love without limits.
