Insight

How Halloween Became a $10B Business for Retailers

< BACK TO INSIGHTS

Insight

How Halloween Became a $10B Business for Retailers

Consumers plan to spend $10.6 billion on Halloween this year. Managing Partner Matt Katz was featured in How Halloween Became a $10B Business for Retailers in Retail Dive about how the Halloween shopping season has evolved over the years.

Matt explains changes he has seen in recent years, “I think what you’ve seen in the last decade is fourth quarter promotions starting earlier and earlier and earlier. It gives the retail community more opportunity to market and promote Halloween as a festive holiday, and it’s moved from the candy aisle in the grocery store to home and more mainstream mall-based retail.”

He continues, elaborating on how these trends are representative of broader trends across industries and seasons, “Channels have been bleeding for a long time. Bookstores have become convenience stores. Convenience stores have become food stores. Department stores have entertainment locations and restaurants. Retail has always been on the quest for more share of shopper mind and shopper wallet. Halloween, fall — all that becomes part of this push to capitalize on consumers’ holiday spending.”

Read the full article here.

Authors

Related Services

Recommended Insights

Insight

Three Important Operational Priorities for Life Insurance in 2024

In life insurance and annuities, the promise has always been unwavering stability and resilience. Insurance companies have adapted to the times by being measured and purposeful, living their commitment to providing long-term security. The last decade challenged this paradigm, having introduced a relentless wave of innovation, including contactless underwriting, consumer demand for digital-centric interactions, the office impact of the COVID-19 pandemic, the entry of private equity, and rapid fluctuations in interest rates, with the looming threat of declining asset values already requiring another round of new investment strategies, product revisions, and balance sheet optimizations. 

Learn More

Insight

A Painful Year Looms for Issuers of Middle-Market Consumer Credit Cards

Pierre Buhler was featured in this American Banker article outlining strategies for credit card issuers operating in an increasingly complex environment. 

Learn More

Insight

Weighing Risk and Reward with Gen AI Vendor Selection

Nick Kramer was quoted in this CIO article about things to consider when choosing a gen AI vendor. 

Learn More

Stay up-to-date with our latest news

Name(Required)