SANTA MONICA, Calif.--(BUSINESS WIRE)--Nov. 2, 2005--
MP3 Players, Barbie, Fashion and Entertainment Purchases Expected
to Make Cash Registers Jingle
Shoppers are making their lists and checking them twice as the
busy holiday shopping season begins. MP3 players, Barbie items,
fashion and entertainment will be among the top sellers, according to
the Shopping in America Holiday 2005 consumer survey conducted for The
Macerich Company (NYSE:MAC) by August Partners. Men and women's
individual wish lists will range from sports tickets, designer jeans
and golf clubs to DVD/CD boxed sets, jewelry and embellished fashion.
Overall, U.S. consumers plan to spend the majority of their $655
holiday gift budgets -- up 7.8 percent from last year -- on clothing
(selected by 21 percent of shoppers), toys (12 percent), electronics
(12 percent), jewelry (11 percent), books/CDs (11 percent) and mall
gift cards (10 percent). Shoppers will spend an additional average of
$316 for parties, decorations and other seasonal purchases.
Top Electronic Gifts
"A mainstay on holiday shopping lists, the latest electronic
products offer a variety of options for shoppers," explained Garry
Butcher, vice president of marketing and consumer research for The
Macerich Company. "The new MP3 players and game consoles will be among
the most popular items this season."
Consumers surveyed named the iPod Nano (selected by 35 percent),
Xbox 360 (21 percent) and Plasma TV/HDTV (14 percent) as the most
popular picks in the category. Game Boy Micro (2 percent), V cam
Now/Video Now XP Player and digital camera w/MP3 player came in last
among shoppers.
Top Electronic Gifts
---------------------
All Shoppers Male Female
------------- ------------ ------------
iPod Nano 35% 27% 39%
Xbox 360 21% 28% 17%
Plasma TV/HDTV 14% 14% 14%
FLY Pentop Computer (Leapfrog) 9% 9% 8%
GPS Navigation System 6% 7% 6%
PDA Cell Phone 3% 4% 3%
Digital Camera w/ MP3 Player 2% 1% 2%
V cam Now/Video Now XP Player 2% 2% 1%
Game Boy Micro 2% 1% 2%
Don't Know/No Opinion 8% 8% 8%
Hottest Toys
"Both new and innovative toys as well as updated favorites are
topping the list of what shoppers predict to be hot sellers for youth
this holiday," said Butcher.
Barbie & The Magic of Pegasus/Princess Annika (23 percent), Dance
Maker/Dance Dance Revolution (22 percent), Teddy Ruxpin (10 percent),
and the Amazing Amanda Doll (9 percent) are predicted to fill the most
toy packages. The new Furby (1 percent), iZ/iDog (2 percent) and
Aquadoodle Drawing Board (3 percent) were least popular among surveyed
consumers.
Top Toys
--------
All Shoppers
-----------------
Barbie & The Magic of Pegasus/
Princess Annika 23%
Dance Maker/Dance Dance Revolution 22%
Teddy Ruxpin 10%
Amazing Amanda Doll 9%
Star Wars Items 7%
Bratz Items 5%
Aquadoodle Drawing Board 3%
iZ/iDog 2%
Furby 1%
Don't Know/No Opinion 19%
What Men Want: Top Gifts
Both shoppers as a whole (22 percent) and men themselves (20
percent) gave the nod to sports tickets as the best holiday gift for
males. Designer jeans (16 percent), hybrid golf clubs (12 percent) and
DVD/CD box sets (10 percent) were also selected as top picks by men,
while loafers (1 percent), vests (2 percent) and trendy rock-inspired
jewelry (6 percent) were least favored.
Top Gifts for Men
------------------
All Shoppers Male
---------------- ---------------
Sports Tickets 22% 20%
Designer Jeans 18% 16%
Hybrid Golf Club 11% 12%
DVD/CD Box Sets 10% 10%
Corduroy/Velvet Blazer 9% 11%
Caps 9% 10%
Rock-Inspired Jewelry 5% 6%
Vests 3% 2%
Loafers 1% 1%
None of These/No Opinion 13% 12%
What Women Want: Top Gifts
"With new releases of popular TV series and movies, DVD/CD box
sets are topping women's wish lists this year, along with trendy
layered necklaces and embellished sweaters," said Butcher. "Women also
hope to find designer home accents or velvet/fitted jackets underneath
the wrapping this season."
Top Gifts for Women
--------------------
All Shoppers Female
---------------- -------------
DVD/CD Boxed Sets 17% 16%
Layered Necklaces 15% 16%
Embellished Sweaters 14% 14%
Leopard Print Accessories/Shoes 11% 9%
Designer Home Accents 11% 11%
Velvet Blazer/Fitted Jacket 8% 10%
Celebrity Fragrances 6% 7%
Boots 4% 5%
Colorful Gloves 4% 4%
None of These/No Opinion 11% 9%
Treat Yourself
The Shopping in America survey also revealed other interesting
trends among holiday shoppers:
More than two fifths (44 percent) of shoppers admit they will
buy something special for themselves this holiday season.
Fifteen (15) percent are on the fence regarding holiday
self-indulgence.
Approximately 46 percent have returned holiday gifts, with
female consumers (50 percent) being more likely to return
gifts than males (40 percent).
"Re-gifting?" Only 31 percent of shoppers admit to passing on
a gift they had previously received. The practice is slightly
more popular among women (33 percent) than men (27 percent).
Shopping in America is a national shopper intercept survey that
studies consumer-shopping trends. The Holiday 2005 survey was
conducted among 3,780 shoppers in 12 regional shopping centers
geographically spread throughout the United States. Respondents ranged
in age from 12 to 75+ years. Not all results are stated in this news
release and some are rounded to the nearest whole number. Data totals
are subject to a +/- 1.6 percent margin of error.
Additional Shopping in America results will be released in
November and December. To view other Shopping in America findings --
including results on anticipated spending -- please visit
www.shoppinginamerica.biz.
The Macerich Company is a fully integrated self-managed and self-
administered real estate investment trust, which focuses on the
acquisition, leasing, management, development and redevelopment of
regional malls throughout the United States. The Company is the sole
general partner and owns an 82% ownership interest in The Macerich
Partnership, L.P. Macerich owns approximately 79 million square feet
of gross leaseable area consisting primarily of interests in 75
regional malls. Additional information about The Macerich Company can
be obtained from the Company's web site at www.macerich.com.
CONTACT: Lovell Public Relations
Tresa Hardt or Colleen Matthews, 972-788-4511
thardt@lovellpr.com
SOURCE: The Macerich Company