Fill out this form to email this article to a friend
Hey, Dad, stores care about you
Mother's Day is traditionally a hot shopping event, but many retailers are finally paying more attention to the other half.
By ASSOCIATED PRESS
Published June 15, 2006
 |
 |
|
[AP photos]
|
|
O’ Plasma Screen is one of the songs for the Sears Caroling Dads, who are serenading shoppers in New York and Chicago stores this year.
|
|
 |
|
The Black and Decker Alligator Lopper is one of the items Home Depot hopes will be bought as Father’s Day gifts.
|
|
|
This year, dads are battling it out with moms for their loved ones' wallet. The nation's major retailers are turning their attention to Father's Day, which has long lagged behind Mother's Day among the most important holiday sales periods. By expanding shopping hours and advertising earlier and more aggressively for Father's Day on Sunday, merchants are hoping to provide a big sales boost during summer's lull. Sears Holdings Corp.'s Sears, Roebuck and Co. stores declared June the season for dads, elevating it to a "Christmas-like status," said Corinne Gudovic of Sears. The retailer recently dispatched caroling dads who sing holiday jingles with Father's Day themes - O' Plasma Screen - at malls in the New York and Chicago area. It broke its Father's Day ad campaign on June 4, three weeks earlier than a year ago, and is offering a Father's Day gift card for the first time. Home Depot Inc. expanded its Father's Day advertising beyond circular ads this year, launching a TV and online advertising campaign. It's pushing a wider array of gifts beyond the toolkit to include grills and pressure washers. "This year, Father's Day is very important and very opportunistic," said Marshal Cohen, chief analyst at NPD Group Inc., a market research firm in Port Washington, N.Y. "But with that comes greater risk. You have to spend more to market, and you have to risk more with greater inventory." But retailers are willing to take such risks, worried that higher gas prices and inflation will keep shoppers away this summer and reverse a solid trend in consumer spending this year. Merchants see Father's Day as the last big sales opportunity before the back-to-school season kicks off in August. According to the National Retail Federation's survey of 7,000 consumers, shoppers plan to spend $9-billion on Father's Day gifts, up from a planned $8.2-billion a year ago. Still, that lags behind Mother's Day, with sales expected to reach $13.8-billion this year, up from $11.4-billion, based on a consumer survey. Mother's Day is the third-biggest holiday sales generator, behind the winter holiday and back-to-school seasons; Father's Day is sixth, with Valentine's Day and Easter fourth and fifth. According to the NRF, the average person plans to spend $88.80 on dads, compared with $122.16 on moms. Mike Boylson, chief marketing officer at J.C. Penney Co. Inc., estimated that Father's Day spending accounts for two-thirds of Mother's Day sales. Penney is opening its doors at 8 a.m. Saturday, an hour earlier than a year ago. It is hoping to bring customers in with an increased assortment of gifts beyond ties and shirts to include iPod accessories and handheld games. Some merchants are noticing their stepped-up efforts are paying off, reporting increased sales over a year ago. Jeff Gillette, director of merchandising for Mrsfields.com, said the company is seeing double-digit sales increases for Father's Day gifts from a year ago as a result of its expanded offerings. He's hoping such increased sales will help close the gap between Mother's Day and Father's Day business.
[Last modified June 15, 2006, 06:26:28]
Share your thoughts on this story
|