Photo: Kmart
Promising "awesome deals on party essentials to make a fantastic football bash," Kmart last week became one the first retailers of the season looking to capitalize on the ever-expanding Super Bowl party opportunity.
The Super Bowl is seen as the first major retail event following the holiday season. Viewers and partygoers are expected to spend an average of $82.19 on food, décor, team apparel and more this year, up from $77.88 in 2015 and the highest in the history of the National Retail Federation's (NRF) Super Bowl Spending Survey. Total spending is projected to top $15.5 billion.
Other findings from the survey:
- 34.7 percent say the football game is the most important part of the day, 17.7 percent say the commercials are, and 4.5 percent, the food;
- 43.3 million fans are planning to throw a Super Bowl party (17.7 percent) while 70 million (28.6 percent) are attending a party hosted by a friend or relative;
- 79.8 percent of partygoers and viewers will purchase food;
- 11.1 percent of those planning to watch the game will buy new team apparel and/or accessories;
- 7.7 percent are planning to purchase a new television to enjoy the game.
- An Estimated 189 Million Americans Expected To Watch Super Bowl 50 - National Retail Federation
- Kmart Makes Throwing the Ultimate Game Party for the Ultimate Game Day Easy, Fun and Affordable - Kmart
- Market Track Study Finds That U.S. Consumers Are Ready to Spend More Than in Previous Years Leading up to Super Bowl® 50 - Market Track
- Americans to Eat 1.3 Billion Chicken Wings for Super Bowl 50 - National Chicken Council