Last-minute love: Many Americans procrastinate when it comes to Valentine’s gifts - WTOP News (2024)

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In a classic “Saturday Night Live” sketch, a young man hands his girlfriend a Valentine’s Day gift: a bear dressed in a bee costume that he picked up at the drugstore.

“When did you get this?” she asks with a strained smile.

“One minute ago,” he replies.

It has more than a ring of truth. For a day meant to celebrate romance and the depths of feeling we have for loved ones, a surprising among of Valentine’s shopping is done at the last minute.

In each of the past two years, nearly half of U.S. spending on Valentine’s Day flowers, candy and cards occurred between Feb. 11 and Feb. 14, according to Numerator, a market research company. But sales do not peak until Valentine’s Day itself.

Walmart — which sells nearly 40 million red roses for the holiday — says around 75% of its Valentine’s Day sales happen on Feb. 13 and 14. Those two days account for 80% of Kroger’s sales during Valentine’s week.

“Although stores begin pushing their Valentine’s Day inventory weeks before the holiday itself, most consumers save their shopping for the last minute,” said Amanda Schoenbauer, an analyst with Numerator.

Americans do spend a lot on their valentines. This year, they’re expected to shell out a collective $25.8 billion, according to the National Retail Federation. Candy is the most popular gift; nearly 60% of Valentine’s shoppers planning to buy some. Greeting cards are second.

Some of that spending takes place well before the holiday. Target says consumers start snapping up Valentine’s home décor soon after Christmas ends. Valentine’s-themed potted plants were also popular this year, Target said, and many were bought early, rather than closer to the holiday as is usually the case with cut flowers.

Yet procrastination seems to be part of the holiday tradition, according to data from Walgreens, which sold 44% of its Valentine’s candy and 56% of its Valentine’s cards on Feb. 13 and 14.

Delivery companies help some consumers shave it even closer. Uber Eats says its flower orders peak on Valentine’s Day between 10 a.m. and 5 p.m. Uber Eats says it also appears to be a resource for forgetful lovers: Its flower orders are 60% higher than average on the day after Valentine’s Day.

Procrastinators can make it tough for businesses to keep customers satisfied.

Linda Bryant grows many of the flowers she sells at Just Bouquets, her flower shop in Panama, Nebraska. Usually she delivers the flowers herself, but on Valentine’s Day her husband helps.

“Valentine’s would not be my favorite florist holiday just because it’s stressful,” she said. “I don’t go out. I’m too tired. But I love making people happy.”

Bryant sympathizes with the people who call in orders on Valentine’s Day. She spent a lot of time trying to figure out how many flowers to order for her shop this Valentine’s Day. The decision was made last minute.

“The people who call on February 14 are usually desperate,” she said. “I try to be kind and remind them, it’s always February 14. The date doesn’t change.”

One could argue that people order flowers at the last minute just to keep them fresh, but the procrastination trend extends beyond goods that wilt.

In 2023, 30% of OpenTable reservations for Valentine’s Day were made the day before and 18% were made on the day of.

Flowers and cards from the drugstore are one thing, but you’re likely to miss out on a special date if you wait too long.

Meadow Brook Hall, a historic estate in Rochester, Michigan, says the 115 tickets available for its annual Valentine’s Day dinner sold out weeks ago. The venue gets requests all the way through Valentine’s Day, says Katie Higgins, Meadow Brook’s marketing and communications manager. The week before the dinner, 50 couples were on the wait list.

Joseph Ferrari, a psychology professor at DePaul University in Chicago, says around 20% of men and women are chronic procrastinators. But in the case of Valentine’s Day, there are other reasons consumers might put things off.

“There’s a lot of fatigue. We just did Christmas, now you’re hitting me up for this,” he said. Others procrastinate because they fear failing or buying the wrong gift, he said.

Ferrari has some advice: Don’t procrastinate when it comes to telling people you love them.

“We should be celebrating love all the time, not just once in a while,” he said.

___

AP Business Writer Anne D’Innocenzio in New York contributed to this report.

Copyright ©2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

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Last-minute love: Many Americans procrastinate when it comes to Valentine’s gifts - WTOP News (7)

Last-minute love: Many Americans procrastinate when it comes to Valentine’s gifts - WTOP News (2024)

FAQs

What is bought most on Valentine's Day? ›

Candy: As the saying goes, “Candy for the win!” It comes as no surprise that candy tops the list, with 57% of people purchasing sweets for their loved ones on Valentine's Day. Chocolates, in particular, are a timeless classic and a symbol of romance.

Who do people spend time with on Valentines Day? ›

Among Americans who plan to celebrate Valentine's Day, 82% say they will do so with a romantic partner. Fewer say they will spend the holiday with family members (27%) or friends (14%). (Respondents could select more than one person or group of people with whom they would be celebrating.)

What is the number one gift given on Valentine's day? ›

1. Valentine's Day cards. Although cards are usually given in combination with other gifts like flowers or chocolates, more than 52% of consumers will present their loved one with a Valentine's Day card.

What is the most expensive Valentines gift? ›

Diamonds seem to be a great option when you are aiming for the most expensive present. The Chopard 201 Carat watch will costs you a shocking €20 million. But it's not just an ordinary watch. The model is decorated with 874 diamonds in very unusual hues and special shapes, giving the watch a spectacular look.

Which president lost his wife on Valentine's day? ›

But tragedy struck in 1884. After receiving word his wife had just given birth to a baby girl, he returned home to find both Alice and his mother dying. Roosevelt drew a large cross in his diary for February 14, 1884 (Valentine's Day) and wrote beneath: "The light has gone out of my life."

Which gender spends more money on Valentine's day? ›

Valentine's Day spending

Couples expect to spend an average of $136, with men planning to shell out slightly more ($163) than women ($107). On average, Millennials expect to spend the most at $145 and Boomers the least at $96.

How much did Americans spend on Valentine's day 2024? ›

Members of the Howard Community Reflect on Record $25.8 Billion Projected Valentine's Day Spending. Members of Howard University weigh in on Americans preparing to spend in record numbers for Valentine's Day 2024.

What are the top 5 products services purchased on Valentine's Day? ›

Answer:
  • Candy: 57%
  • Greeting cards: 40%
  • Flowers: 37%
  • An Evening Out: 32%
  • Jewelry: 21%
Feb 13, 2024

Who are the biggest spenders on Valentine's Day? ›

Sixty-two percent of consumers ages 25-34 plan to celebrate this year, more than any other age group. Consumers expect to spend $185.81 each on average, nearly $8 more than the average Valentine's Day spending over the last five years.

What is the most popular Valentine's Day treat? ›

Around eight billion candy hearts are made each year, and to this day, Sweethearts are the best-selling Valentine's Day candy, accounting for more than 40 percent of all Valentine's Day candy sold each year.

What are the top 5 candies purchased for Valentines Day? ›

The List: Best Valentine's Day Candy, According To Experts
  • Brach's Tiny Conversation Hearts.
  • Reese's Peanut Butter Hearts.
  • Cupid's Mix M&M's.
  • Hershey's Hugs & Kisses.
  • SweeTARTS Conversation Hearts.
Feb 13, 2024

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