Post-pandemic Valentine’s Day business remains high for Redbud Floral and Mitchell’s Jewelry, two long-time Norman businesses that escaped the financial hit of the COVID-19 pandemic.
Some Norman businesses saw an uptick in sales this week leading up to Motherâs Day as local consumers patronized flower, jewelry and other gift shops for the mothers in their lives.
Motherâs Day is expected to bring in a surge of consumerism for the 2021 holiday, exceeding $28 billion in gift spending. This yearâs projected number is up $1.4 billion from 2020âs spending, according to a survey recently released by the National Retail Federation.
According to the survey, the most popular gifts are jewelry, flowers, electronics and personalized gifts.
Statista reports that after a two-year decline in spending in 2019 and 2020, flower purchases will reach a record $2.66 billion for Motherâs Day 2021, up from $2.56 billion in 2020.