Easter floral sales rebound predicted for 2013 holiday
Easter floral sales rebound predicted for 2013 holiday
Easter floral sales have been in a downward spiral since the recession began, but perked up in 2010 and should show further improvement this year when sales figures for March 31 are available, according to the consumer research firm Prince & Prince.
Still, the 2010 rebound did not return sales to pre-recession levels, the study released Feb. 28 showed that Easter has lost one-third of its “purchasing power” since 1966. And there are warning signs that floral retailers are getting out-hustled by those who market other products for Easter.