Kentucky retailers are stocking up for a milestone holiday shopping season, as the National Retail Federation (NRF) projects that consumer spending nationwide will break the $1 trillion mark for the first time ever this year.
NRF also estimates that a record 186.9 million people plan to shop for deals from Thanksgiving Day through Cyber Monday in 2025 — approximately 3.5 million more total shoppers than the previous record of 183.4 million last year.
Top items on consumers’ gift lists include: clothing and accessories (50%), gift cards (43%) and toys (32%). Shoppers are expected to spend an average of $171.32 per person on gift cards, with the most popular types being: restaurants (27%), bank-issued cards (25%), department stores (25%) and coffee shops (20%).
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