Overstock Reveals The Most Favorite Item for Valentine’s Day
Fewer Select an Engagement Ring...Online retailer Overstock.com concluded that 49 percent of its customers selected earrings as the most desired gift for Valentine’s Day in a recent survey.
However, more shoppers planned to by a necklace as their jewelry gift of choice, the company found.
Overstock also determined that “surprisingly, engagement rings are less in demand this year,” with only 8 percent of respondents designating an engagement ring as their gift choice.
Overstock’s survey revealed that 31 percent of respondents planned to spend between $50 and $99 on Valentine's Day related gifts, while 28 percent would splurge on gifts that cost between $100 and $299.
Nearly nine in 10 gift recipients would be a spouse or partner and the survey revealed 46 percent intend to buy gifts for their children.
Greeting cards and chocolate were the favorite non-jewelry Valentines gift this year, according to the retailer’s survey.
By: Jeff Miller
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