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, N.Y. 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 City honeymoon, where they received tickets to a 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."
Nextdoor CEO Nirav Tolia shares how the neighborhood app's redesign aims to inform, connect, and protect communities with smarter features and local insight.
Tim Bohen dives into the 'Trump Trade,' renewed tariffs, waning uncertainty, corporate guidance, and what the Fed’s next move means for traders and markets.
Wall Street icon Peter Tuchman dives into Apex Trader Funding’s partnership with Wall Street Global Trading Academy and what it means for the next-gen trader.
Matthew Frankel, contributing analyst at The Motley Fool, discusses the recent SPAC resurgence, investor interest, and what the data says about their future.
Axios’ Neil Irwin unpacks the political clash as the White House explores legal pathways to dismiss Fed Chair Powell, threatening central bank independence.
Shark attack survivor Paul de Gelder joins us to talk Navy diving, bull sharks, and his wild return in Air Jaws and more during Discovery’s Shark Week!
