Valentine’s Day Odds and Ends
The National Retail Federation and Prosper Insights & Analytics conducted a Valentine’s Day Spending Survey concluding that consumers are expected to spend roughly $18.2 billion dollars this Valentine’s Day. 49.7% of shoppers plan to give the gift of candy. (source: nrf.com)
According to thedailymeal.com and jet.com, out of all the candy available for purchase, consumers are spending the most on chocolate this Valentine’s Day, with the most popular item being the variety pack of Hershey’s Full Size Bars. Below, you will find the charts of three Chocolate-producing companies – The Hersey Company HSY, Nestle SA NSRGF, and Mondelez International Inc. MDLZ. At this time, both MDLZ and HSY are 3 for 5’ers trading in positive trends. Pretty sweet!