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QUICK HITS

• Nascar and Goodyear have extended their alliance under which Goodyear is the exclusive tire company for Nascar's top three racing series, which dates back to 1954.
• UFC said that Cris "Cyborg" Justino would defend her UFC women's featherweight title against Holly Holm at UFC 219 in T-Mobile Arena, Las Vegas, on Dec. 30. Holms knocked out the previously unbeaten Ronda Rousey in 2015 to win the UFC women's bantamweight title but lost the belt to Miesha Tate.
• José Altuve of the Houston Astros named 2017 AL MVP.
• Giancarlo Stanton of the Miami Marlins named 2017 NL MVP.
has signed a five-year extension with to continue as "Official Fan-to-Fan Ticket Marketplace" for and the 30 clubs. "A valuable partner for our teams and their fans over the past decade."
• As a complement to NBC’s primary broadcast of the Monster Energy Nascar Cup Series Championship race from Homestead-Miami Speedway on Nov. 19,  NBCSN’s Hot Pass telecast will offer simultaneous live coverage dedicated to each of the Championship four drivers — Brad Keselowski, Martin Truex Jr., Kevin Harvick and Kyle Busch — as well as Dale Earnhardt Jr. in his final Nascar Cup Series race.

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Hottest Marketing Event Oct. 2017
 
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KEEPING SCORE

TCS NYC Marathon InfoGraphics
• Average age of participants Nov. 5, 2017: 41.2 years old
• 11,696 participants will represent their running clubs
• More than 50,000 people will cross the finish line
• 305 runners will celebrate their birthday on Marathon Day
• Cost to take a taxi on the NYC Marathon 26.2 mile route: $68.50 (no traffic)
• The biggest and smallest includes on the race route are both on the Verrazano Bridge
• Number of hot dog vendor carts needed to cove the course: 34,584
• Number of intersections crossed by Marathon runners: 300
• Number of times needed to climb 104 stories of One World Trade Center to complete a marathon: 101+
• Size running shoe needed for the Statue of Liberty: 879

SOURCE: TCS NYC MARATHON

BUY SELL

Top-Selling MLB Jerseys (MLBShop.com)

1. George Springer Houston Astros
2. Justin Verlander Houston Astros
3. Anthony Rizzo Chicago Cubs
4. Yasiel Puig Los Angeles Dodgers
5. Francisco Lindor Cleveland Indians
6. José Altuve Houston Astros
7. Enrique Hernandez Los Angeles Dodgers
8. Clayton Kershaw Los Angeles Dodgers
9. Ernie Banks Chicago Cubs
10. David Ortiz Boston Red Sox
SOURCE: MLBSHOP.COM

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Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99

Entries in finances (1)

Tuesday
Jun062017

Hot Items For Father’s Day: Record $15.5B Spend On Tickets, Electronics, Dinner, Ties

"Today, father, is Father's Day
"And we're giving you a tie.
"It's not much, we know
"It is just our way of showing you
"We think you're a regular guy.
"You say it was nice of us to bother
"But it really was a pleasure to fuss.
"For according to our mother you're our father
"And that's good enough for us!" — "Father’s Day" as sung by Groucho Marx

By Barry Janoff

June 6, 2017

Some dads will be getting ties on Father’s Day, June 18, but many will be getting so much more.

People in the U.S. are expected to spend a record $15.5 billion on dads this year, topping last year’s $14.3 billion spend and the $12.8B spend in 2015.

People will spend an average of $134.75 per person, up from last year’s $125.92, according to the National Retail Federation’s annual survey conducted by Prosper Insight & Analytics.

The top items: some $3.9 billion on tickets to concerts, sports or other events; followed by $2.2 billion on gift cards (given by 43%), followed by $2.2 billion on clothing (46%) and $1.8 billion on consumer electronics (21%).

Despite the record spend on dad, however, mom still wins out.

According to NRF, people spent $23.6 billion on Mother’s Day last month.

Among other celebrations, 2017 saw a record $5.3 billion spend to celebrate St. Patrick’s Day, $18.2 billion on Valentine’s Day (down from $19.7 billion in 2016), $17.3 billion on Easter and $8.4 billion on Halloween, per NFR studies.

"It’s encouraging to see that consumers are spending on special occasions such as Father’s Day," Matthew Shay, president and CEO for Washington, DC-based NRF, said in a statement. "This is a positive sign of strong consumer confidence heading into the second half of the year, and a good deal for all the dads who will reap the benefits."

Among the hot ticket items are hot ticket items for concerts, ballgames and other events.

According to NRF, 27% of dads would love a "gift of experience"” for Father’s Day, and 25% of those surveyed will do that via about $3.9 billion spend on tickets and event happenings.

Some 43% will spend $2.2 billion on gift cards, $2.2 billion on clothing (46%), $1.8 billion on consumer electronics (21%), $888 million on personal care products such as cologne (21%) and $885 million on home improvement supplies (16%).

Greeting cards are the most common gift, purchased by 64% of consumers, accounting for $861 million of projected spending. The next highest category is dinner or brunch, with 48% of those surveyed planning a special meal-related outing.

For Father’s Day, 40% of consumers will shop in a department stores, 34% will shop online, 26% in a discount store, 24% in a specialty store and 19% at a local small business.

Among smartphone owners, 33% will use them to research gift ideas but only 18% will use them to make a purchase. Tablets are used by 32% to do research (32%) but only 19% will use them to purchase any item.

"With shoppers planning to be more generous to dad this year, the personal care category will be one to watch," Pam Goodfellow, principal analyst for Prosper Insight & Analytics, said, in a statement. "Planned spending on items like cologne, aftershave and razors rose nearly 20 percent year-over-year, outpacing growth in every other gift category for Father’s Day."

The survey of 7,335 consumers was conducted May 2-9. NRF said it has a margin of error of plus or minus 1.2 percentage points.

St. Patrick’s Day Will See $5B Spend On Green

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