Beauty Store Business magazine - November, 2019

consumers

More Holiday Shoppers Pay With Smartphones

Nearly 30% of U.S. smartphone owners plan to use mobile payment offerings, such as Apple Pay or Google Wallet, for shopping in stores this holiday shopping season, according to the 2014 Holiday Mobile Payments Survey from Stratos, creator of the Bluetooth Connected Card Platform.

In fact, 17% of the smartphone users said they would spend more because of these new payment options. Smartphone users wanted to use mobile payments applications such as Apple Pay and Google Wallet in these locations for the holidays:

Consumers Are Secure, Spending

Nearly three out of every four consumers say they're spending as much or more than they expected on life's little extras—including hairstyling, manicures and pedicures, and fashion accessories, reports the latest American Express Spending & Saving Tracker released Sept. 23.

Furthermore, 81% of employed Americans report that their jobs are more than or just as stable as one year ago—and 45% expect finances to change for the better in the next six months.

Consumers to Increase Halloween Spending

Consumers to Increase Halloween Spending

The average adult is expected to spend $77.52 on Halloween this year, up from last year, according to the National Retail Federation’s Halloween Consumer Spending Survey conducted by Prosper Insights & Analytics. Total spending on Halloween is expected to reach $7.4 billion.

“As one of the fastest-growing consumer holidays, Halloween has retailers of all shapes and sizes preparing their stores and websites for the busy fall shopping season,” said NRF president and CEO Matthew Shay.