Consumer spending for the Easter holiday, on apparel, decorations, gifts, candy, food and flowers, is expected to reach $16.4 billion this year, a trade group said Monday.
Nearly 90 percent of shoppers in a National Retail Federation survey said they will buy candy, spending more than $2.2 billion, while more than 85 percent will buy food, a $5.3 billion category. Nearly half will buy new outfits, spending nearly $3 billion, according to the survey, conducted for NRF by Prosper Insights & Analytics.
Retailers are also expected to do brisk business in gifts, flowers, decorations and greeting cards.
Individually, consumers will likely spend just over $140, slightly...