Now, a new survey from electronics retailer Circuit City sheds light on
how men and women
approach the job of picking out Mother's Day and Father's
Day gifts.
Men tend to put off
shopping for Mother's Day:
* A sizable number (12%) admit they don't shop for a gift until
the day
before Mother's Day;
* More than half (53%) say they shop for Mother's Day
within a week of the
occasion;
* Only about a quarter of dads (27%) say they shop
for Mother's Day gifts
a week or more before Mother's Day. Other top tech gift choices included
a DVD or CD (32%), a new
TV (14%) and satellite radio (eight percent).
Circuit City carries
the latest digital cameras, along with photo
printers, photo paper and ink -- all the tools necessary
to make digital
imaging a convenient, easy way to take and share family photos.
About
Circuit City Stores, Inc. Circuit City's domestic segment operates 612
Superstores and five mall
-based stores in 158 U.com. 'Date Night Cards' Help Cyber-Valentines Make All the Right Moves as More
Shoppers Go Online for the Second-Largest Retail Holiday of the Year
CHICAGO, Whether
you've been married for 20 years
or a solo-flying single, there's no avoiding Valentine's Day, now
the
second-largest retail holiday of the year behind Christmas.
But don't worry, for ShopLocal
.com, the leading provider of both in-store
sale information and e-commerce options from the nation
's top retailers, is
here to save Valentine's Day, delivering "Date Night Cards" to help you find
a
great gift or plan the perfect date. And
overall online spending associated with Valentine
's Day grew by 30 percent in
2005, from $3 billion in 2004 to $3.
About ShopLocal
ShopLocal, LLC is the leading Web shopping company for consumers and
retailers. VeriSign analyzed
online shopping data from
April 25 through May 8, 2005, with research indicating an increase in online
spending activity of 24 percent as compared to the equivalent time period in
2004 (April 26 through
May 9). "Online retailers increasingly count on
VeriSign to reliably process their transactions.
As such, we will continue to
have unique insight into consumer spending habits for this holiday
and other
major retail events. Transaction activity remained
flat.
About VeriSign
VeriSign, Inc.com.day holidays
, For nearly 100 years, American
families have set aside a day each May
to honor their mothers. 27%) say they shop
for gifts more than a week before Father's Day;
* About a third of moms (34%) say they shop for dad in the week leading up
to Father
's Day;
* Only four percent admit they wait until the day before Father's Day to
shop for gifts.
Asked which tech gift they would prefer, more than 46 percent of moms picked a
digital
camera.
Help mom accessorize with fashionable bags for her electronics, including
her
digital camera.
Help for last-minute Mother's Day shoppers:
On Saturday, May 7, 2005
, Circuit City Superstores nationwide will offer
special demonstrations of the Kodak EasyShare digital
photography and printing
system from 1 p.m.S. markets. "Now there's no excuse for coming
home
with that same-old box o' chocolates. With ShopLocal.4 billion in online sales. Significant findings
in regard to online shopping activity for
Mother's Day include the following figures from Sunday
, April 25, 2005 through
Sunday, May 8, 2005, as compared to the equivalent time period in 2004
(Sunday, April 26 through Sunday, Online spending for the jewelry category increased 79 percent in 2005
as compared to the same time period in 2004. Spending in the diamonds
subcategory
was up 101 percent, with a whopping increase of 540 percent
in transaction activity. Chocolates
accounted for 56 percent of
the category period sales, with overall spending on this particular
item up 35 percent as compared to the same time period in 2004.
Spending Patterns
-- Overall transaction activity totaled 54.8 million transactions,
representing more
than a 31 percent increase from the activity recorded
in the prior year period.verisignsecured
. Additional news and information about the
company is available at http://www.s day
* New Circuit
City National Survey Confirms Different
Gift-Buying Habits
* Retailer Offers Pre-Mother's Day Safety Net for
the Shopping
-Impaired
RICHMOND, Va. More than 1,300 moms and more than 1,100 dads
responded.-based
Circuit City Stores is a leading specialty retailer of
consumer electronics. Its international
segment
operates more than 1,000 retail stores and dealer outlets in Canada.newscom. Predictably, specialty
Web sites have seen
significant growth around Valentine's Day, with greeting card sites and online
jewelers experiencing 50 percent and 34 percent spending increases
respectively in 2005*.
More Consumers Using the Web To Research Valentine's Day Gifts
ShopLocal.com and The ShopLocal
Network -- made up of more
than 200 affiliate media, search, and shopping sites -- consumers have
access
to the only place on the Web with information on products from local stores
side-by-side
with e-commerce options. Jewelry Posts 79 Percent Increase, Far Outstripping Other Categories
MOUNTAIN VIEW, Calif., VeriSign, Inc.
(Nasdaq: VRSN), the leading provider of intelligent
infrastructure services
for the Internet and telecommunications networks, today released new
e
-commerce data showing that Mother's Day-related purchases accounted for
$4.
-- Online spending
for the flower category decreased 13 percent in 2005 as
compared to the same time period in
2004.
VeriSign has a unique ability to correlate intelligence gathered across
the Internet
, which enables the company to identify market trends such as
changes in Internet shopping patterns
that may impact vendors with an online
presence.verisign.shopping holidays
These two days have become
major occasions
for gift giving.
By contrast, moms appear to put much more time and thought into shopping
for dad:
* Almost twice as many moms compared to dads (44% vs. Circuit City is the exclusive
retail outlet for
Anika, an entire line of fashionable bags for carrying laptops, digital
cameras
, camcorders, and CDs. until 5 p. The first 100 customers who participate in
the demonstration can
pose for a free, suitable-for-framing digital
photograph, just in time to give to mom!
* The "Just what I needed for Mother's Day" survey was commissioned by
Circuit City Stores, Inc
. and was conducted on the Internet by Decision
Analyst of Arlington, Texas. The survey's margin
of error is +/- 2%.
Richmond, Va.circuitcity.com/cgi-bin/prnh/20010709/CCLOGO )
ShopLocal
.com Saves Valentine's Day
9 billion*."
* Online spending data from VeriSign, February 16,
2005.
During this period, the jewelry category
showed a 79 percent increase, far outstripping
other traditional Mother Day's
categories, such as flowers and candy.
"Mother's Day has arrived
as one of our larger retail holidays."
The latest statistics from VeriSign are based on the analysis
of online
sales volume processed through VeriSign Payment Services, which comprises more
than
37 percent of all North American e-commerce, and represents in excess of
135,000 online retailers
. The diamonds category held an average purchase
price of $517.
-- Online spending for
the candy category was flat in 2005 as compared to
the same time period in 2004.
-
- Monday, May 2, 2005 was the peak online shopping day during the period,
accounting for 5
.43 million transactions and $473 million dollars. The potential risks and uncertainties include,
among
others; the ability of VeriSign to successfully develop and market new
services and customer acceptance
of any new services; the risk that VeriSign's
announced strategic relationships may not result in
additional products,
services, customers and revenues; increased competition and pricing pressures
.
shopping s
And in 1924,
Americans began celebrating Father's Day in June.
The
"Just what I needed for Mother's Day*" survey also reveals that tech
gifts are as popular with mom
as traditional gifts, such as flowers and candy.m.
Circuit City also operates a Web site at http:
//www. Just select which profile best
describes your Valentine, and print it out and bring it to
the store, or start
shopping online immediately.com data shows that more consumers are using the
Web for
Valentine's Day research, as the number of unique visitors to the site per day
grew by
11 percent during the two weeks prior to the holiday in 2005.
"As Valentine's Day has become
more of a gift-giving holiday, people are
heading online to get more creative with their gifts,"
says ShopLocal.com
Shopping Expert Eva Yusa, also known as "Eva the Shopping Diva" on her blog
( http://evatheshoppingdiva.com ). With ShopLocal's SmartCircular and
Smart Catalog services, retailers
can distribute sales and promotional content
through The ShopLocal Network as well as their own Web
sites. Where
once this holiday would have been acknowledged with a phone call and a
heartfelt
card, we're increasingly seeing people using it as an opportunity to
send expensive items, such as
a necklace pendant," said Trevor Healy, vice
president, Payment Services, VeriSign. Earlier
research
, as well as guidance for consumers on how to shop safely online and
for merchants on how to effectively
secure their e-commerce sites, can be
found at: http://www.com.
These statements involve risks
and uncertainties that could cause VeriSign's
actual results to differ materially from those stated
or implied by such
forward-looking statements.
More information about potential factors that could
affect the company's
business and financial results is included in VeriSign's filings with the
Securities
and Exchange Commission, including in the company's Annual Report
on Form 10-K for the year ended
December 31, 2004 and quarterly reports on
Form 10-Q. VeriSign undertakes no obligation to update
any of the forward-
looking statements after the date of this press release.top s
Moms Plan Dads Procrastinate
Most moms (62%) told the Circuit City survey they'd
prefer to carry their electronics in colorful
, fashionable bags instead of
traditional black bags.
(Logo: http://www. Just visit ShopLocal
's Valentine's Day
page for suggestions in five categories: Romantic, Adventurer, Date on a Dime,
Weekend Getaway, and For Singles Only.
According to the National Retail Federation, retail
spending on
Valentine's Day exceeded $13 billion in 2005 and now trails only Christmas in
the
race for the biggest-spending holiday of the year, topping Mother's Day,
Easter, and Father's Day
.
But the growing popularity of shopping comparison sites like
ShopLocal.com, which added 60
percent more unique visitors during the 2005
Christmas shopping season, means it's now easier than
ever for
cyber-Valentine's to give something a little different, from a new digital
camera to
a box set of your hubby's favorite movies.blogspot.VeriSign Announces Mother's Day-Period Online Shopping
Activity
Full Category Comparisons
VeriSign tracks year-over-year merchant activity
in key e-commerce
categories. As such, in addition to reporting on online shopping activity
related
to Mother's Day, VeriSign also issued data throughout December 2004
regarding e-commerce statistics
during the holiday shopping season. operates intelligent infrastructure services that enable
individuals
and businesses to find, connect, secure, and transact across
today's complex global networks.
Statements in this announcement other than historical data and information
constitute forward
-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934.shopping holidays
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