Barclaycard report kids spend less on their mums as times get
on: April 28, 2009, 5:08 am
has revealed that spending on Mother's Day gifts was down in 2009
when compared to the year previous.
data from Barclaycard Payment Acceptance, which enables retailers
to accept payments from both debit and credit
card, confirms that families across Britain are opting for
less expensive gifts for Mother's Day in the current economic
on flowers was down 15 per cent in the two weeks leading up to
Mother's Day this year compared to the same period last year while
spending on chocolates was up 23 per cent compared to last year,
suggesting that people are managing the expense of special occasions
by purchasing more economic gifts rather than expensive floral
and jewellery shops were the least affected with spending almost
identical to last year. Treating mum to lunch remains a popular
gift, with spending in restaurants up slightly (0.3 per cent)
compared to last year. Jewellers saw a very small increase in
spending in the two weeks leading up to Mother's Day, with sales
up 0.1 per cent compared to the same period in 2008.
on the data, Stewart Roberts, Business Development Director at
said: "People don't want to let special occasions pass them
by without buying a present of some sort but what we are seeing
is that children are opting for a less expensive gift rather than
the more extravagant floral arrangements in these tough times."
Notes to editors
These figures are taken from Barclaycard Payment Acceptance data
from March 2008 and March 2009. The figures relate to spending
on certain products and services usually associated with Mother's
Day: The year-on-year comparison figures relate to spending in
the two weeks prior to Mother's Day 2009 and the corresponding
period in 2008. The restaurant comparison covers Mother's Day
2009 spending compared with 2008.
Barclaycard, part of Barclays Global and Retail Commercial Banking
division, is a leading global payment business which helps consumers,
retailers and businesses to make and accept payments flexibly,
and to access short-term credit when needed.
company is one of the pioneers of new forms of payments and is
at the forefront of developing viable contactless and mobile payment
schemes for today and cutting edge forms of payment for the future.
It also issues credit
cards and charge cards to business
banking customers and the UK Government. Barclaycard partners
with a wide range of organisations across the globe to offer their
customers or members payment options and credit.
addition to the UK, Barclaycard operates in the United States,
Europe, Africa and the Middle and Far East.
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