Current:Home > InvestChocolates, flowers and procrastination. For many Americans, Valentines Day is a last-minute affair -WealthRoots Academy
Chocolates, flowers and procrastination. For many Americans, Valentines Day is a last-minute affair
View
Date:2025-04-13 00:37:42
In a classic “Saturday Night Live” sketch, a young man hands his girlfriend a Valentine’s Day gift: a bear dressed in a bee costume that he picked up at the drugstore.
“When did you get this?” she asks with a strained smile.
“One minute ago,” he replies.
It has more than a ring of truth. For a day meant to celebrate romance and the depths of feeling we have for loved ones, a large portion of Valentine’s shopping is done at the last minute.
In each of the past two years, nearly half of U.S. spending on Valentine’s Day flowers, candy and cards occurred between Feb. 11 and Feb. 14, according to Numerator, a market research company. But sales do not peak until Valentine’s Day itself.
Walmart — which sells nearly 40 million red roses for the holiday — says around 75% of its Valentine’s Day sales occur on Feb. 13 and 14. Those two days account for 80% of Kroger’s sales during Valentine’s week.
“Although stores begin pushing their Valentine’s Day inventory weeks ahead of the day, before the holiday itself, most consumers save their shopping for the last minute,” said Amanda Schoenbauer, an analyst with Numerator.
For last-minute shopping, Americans still tend to spend a lot. This year, they’re expected to shell out a collective $25.8 billion, according to the National Retail Federation. Candy is the most popular gift; nearly 60% of Valentine’s shoppers planning to buy some. Greeting cards are second.
Some of that spending takes place well before the holiday. Target says consumers start snapping up Valentine’s home décor soon after Christmas ends. Valentine’s-themed potted plants were also popular this year, Target said, and many of those plants were bought early rather than closer to the holiday as is usually the case with cut flowers.
Yet procrastination seems to be part of the holiday tradition, according to data from Walgreens, which sold 44% of its Valentine’s candy and 56% of its Valentine’s cards on Feb. 13 and 14.
Delivery companies help some consumers shave it even closer. Uber Eats says its flower orders peak on Valentine’s Day between 10 a.m. and 5 p.m. Uber Eats says it also appears to be a resource for forgetful lovers: Its flower orders are 60% higher than average on the day after Valentine’s Day.
Procrastinators can make it tough for businesses to keep customers satisfied.
Linda Bryant grows many of the flowers she sells at Just Bouquets, her flower shop in Panama, Nebraska. Usually she delivers the flowers herself, but on Valentine’s Day her husband helps.
“Valentine’s would not be my favorite florist holiday just because it’s stressful,” she said. “I don’t go out. I’m too tired. But I love making people happy.”
Bryant sympathizes with the people who call in orders on Valentine’s Day. She spent a lot of time trying to figure out how many flowers to order for her shop this Valentine’s Day. The decision was made last minute.
“The people who call on February 14 are usually desperate,” she said. “I try to be kind and remind them, it’s always February 14. The date doesn’t change.”
One could argue that people order flowers at the last minute just to keep them fresh, but the procrastination trend extends beyond gifts that can wilt.
In 2023, 30% of OpenTable reservations for Valentine’s Day were made the day before and 18% were made on the day of.
Flowers and cards from the drugstore are one thing, but you’re likely to miss out on a special date if you wait too long.
Meadow Brook Hall, a historic estate in Rochester, Michigan, says the 115 tickets available for its annual Valentine’s Day dinner sold out weeks ago. The venue gets requests all the way through Valentine’s Day, says Katie Higgins, Meadow Brook’s marketing and communications manager. The week before the dinner, 50 couples were on the wait list.
Joseph Ferrari, a psychology professor at DePaul University in Chicago, says around 20% of men and women are chronic procrastinators. But in the case of Valentine’s Day, there are other reasons consumers might put things off.
“There’s a lot of fatigue. We just did Christmas, now you’re hitting me up for this,” he said. Others procrastinate because they fear failing or buying the wrong gift, he said.
Ferrari has some advice: Don’t procrastinate when it comes to telling people you love them.
“We should be celebrating love all the time, not just once in a while,” he said.
___
AP Business Writer Anne D’Innocenzio in New York contributed to this report.
veryGood! (3693)
Related
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- 9 shot, 2 suffer traumatic injuries at Wichita nightclub
- Mom influencer Katie Sorensen sentenced to jail for falsely claiming couple tried to kidnap her kids at a crafts store
- Hunter Biden attorney accuses House GOP lawmakers of trying to derail plea agreement
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Louisville Zoo elephant calf named Fitz dies at age 3 following virus
- Jackie Miller James' Sister Shares Update After Influencer's Aneurysm Rupture
- How did each Supreme Court justice vote in today's student loan forgiveness ruling? Here's a breakdown
- Intellectuals vs. The Internet
- How Georgia Became a Top 10 Solar State, With Lawmakers Barely Lifting a Finger
Ranking
- Intel's stock did something it hasn't done since 2022
- Exxon’s Climate Fraud Trial Opens to a Packed New York Courtroom
- Massachusetts Raises the Bar (Just a Bit) on Climate Ambition
- Former Exxon Scientists Tell Congress of Oil Giant’s Climate Research Before Exxon Turned to Denial
- The White House is cracking down on overdraft fees
- Few Southeast Cities Have Climate Targets, but That’s Slowly Changing
- ‘This Is Not Normal.’ New Air Monitoring Reveals Hazards in This Maine City.
- Power Plants on Indian Reservations Get No Break on Emissions Rules
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Second bus of migrants sent from Texas to Los Angeles
New Details About Kim Cattrall’s And Just Like That Scene Revealed
What the BLM Shake-Up Could Mean for Public Lands and Their Climate Impact
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Federal Courts Help Biden Quickly Dismantle Trump’s Climate and Environmental Legacy
Beyoncé Handles Minor Wardrobe Malfunction With Ease During Renaissance Show
Rex Tillerson Testifies, Denying Exxon Misled Investors About Climate Risk