While the economy may have consumers watching what they spend, this Sunday’s Valentine’s Day is expected to be a holiday that opens hearts and pocketbooks. In its annual holiday sales forecast, IBISWorld, a Los Angeles research firm, said it expects spending on dining out to increase 8.2 percent from last year. Total Valentine’s Day spending, including gifts or travel, is expected to increase 3.3 percent.“Because Valentine’s Day lands on a Sunday, restaurants are likely to gain traffic ...
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