Chocolate Gross Sales Are Booming This Valentine's Day As Shoppers Keep Near Dwelling • MV TELEGRAPH
Ferrero Rocher chocolate and hazelnut confectionery in a supermarket.
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Ferrero Rocher chocolate and hazelnut confectionery in a supermarket.
NEW YORK, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Suzy, a leading agile market research software platform, today announced a new industry advisory board...
at chocolate maker Ferrero, in an interview with CNBC. Spending this Valentine's Day is expected to be down, with consumers spending an average of $165 on gifts and celebrations this year, according to a survey by the National Retail Federation and Prosper Insights & Analytics. That's down $32 from last year, largely due to people celebrating mainly at home. But chocolate sales, especially for premium products, have been growing. According to DeConto, total chocolate consumption during the past 52 weeks has increased by 4.7% and premium chocolate is up double that, with the trend continuing ...