Consumer Trends

Factoid of the week: Consumers to spend cautiously this Valentine’s Day

54%
The percentage of Americans who will celebrate Valentine’s Day with their loved ones in 2014, compared to 60 percent last year.

$133.91
The amount the average person plans to spend on candy, cards, gifts, dinner and more, up only slightly from 2013.

37%
Portion of people who will celebrate with an evening out.

$3.5 billion
Estimated total people will spend this year going out for Valentine’s Day.
 

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Leadership

Restaurants bring the industry's concerns to Congress

Neary 600 operators made their case to lawmakers as part of the National Restaurant Association’s Public Affairs Conference.

Financing

Podcast transcript: Virtual Dining Brands co-founder Robbie Earl

A Deeper Dive: What is the future of digital-only concepts? Earl discusses their work to ensure quality and why focusing on restaurant delivery works.

Financing

In the fast-casual sector, Chipotle laps Panera Bread

The Bottom Line: The two fast-casual restaurant pioneers have diverged over the past five years, as the burrito chain has thrived while Panera hit a wall. Here's why.

Trending

More from our partners