Top Headlines and Latest news from India, Indian Cities and news from around the World on Political, Current Affairs, Sports, Technical, Gadgets, Entertainment and on more.
Halloween may have trick-or-treating and Valentine's Day may be
synonymous with boxes of chocolates, but Easter is the day that leaves
candy companies salivating.
In the week before Easter last
year, Americans bought $823 million in creme-filled eggs, chocolate
rabbits and colored marshmallow Peeps, according to Nielsen data. That
narrowly beats out Halloween as the most lucrative week of the year for
candy retailers. Looking at weight alone, Americans purchased
146 million pounds of candy in the week before Easter. That's nearly
half a pound of candy for every man, woman and child in the country, or
the weight of more than 11,000 African bush elephants.
Costumed kids seem to be consuming more candy by the pound, but their
neighbors are handing out some of the cheapest candy — several dollars
per pound cheaper than the fancy chocolates for significant others on
Valentine's Day. As for Easter, the red line in the chart seems to show
retailers selling leftovers cheap the week after the holiday.
"In the weeks around Halloween consumers are buying in bulk with a
volume mentality for the trick-or-treaters," said Carman Allison, vice
president of consumer insights at Nielsen. "Easter and Valentine's Day
are more gift based purchases where premium packaging plays a role in
what consumers purchase for their loved ones and how much they are
willing to spend."
Holidays are huge money makers for
candy companies, but Americans apparently need no excuse to eat candy
all year round. In a normal week, Americans still pay about $300 million
for 76 million pounds of sweets.
According to Nielsen's
point-of-sale data, about 17 percent of the candy sold each year is
"seasonal" branded to be consumed during a specific holiday. Easter,
surprisingly, makes up more than a third of that seasonal candy,
according to the data. Halloween is still the biggest holiday
from the manufacturer's side, said Chris Gindlesperger, vice president
of public affairs and communications at the National Confectioner's
Association, citing the trade group's data. But the sales figures can
change each year depending on retail factors, the night that a holiday
falls in a given year or even what the weather is like around holiday.
The concentration of the sales week could also give Easter a higher
peak – Halloween candy sales tend to be more spread out and piggyback
onto back-to-school sales, said Allison. Making a little over a
billion dollars a year in just seasonal Easter candy isn't too shabby,
but it's small compared to the approximately $45 million pulled in every single day for nonseasonal candies such as chocolate candy bars in convenience stores.
But — and there's no way to sugar-coat it — Easter's candy throne may
be crumbling. Annual sales growth for the holiday's seasonal offerings
was slowing compared with other categories over the last four years.
That may explain why Just Born, a company known for its iconic Easter
candy, has been trying to expand Peeps sales beyond Easter. The
varieties of Peeps available have exploded in recent years — pumpkin
spice Peeps in October and hot cocoa and peppermint Peeps around
Christmas. The company has been making a concerted effort to
expand to other seasons over the past few years, but 70 percent of sales
still come from Easter, according to a Just Born spokesman. That's the
same percentage as 2014, when the company launched its first year-round
Peeps product. Easter is the king of candy holidays, and Peeps
are arguably the king of Easter candies (they've been the No. 1
non-chocolate candy for the last 20 years). The company is pushing Peeps
for the summer, Valentine's Day and all the rest of the year, and
they're not the only one. Everyday brands are also coming up with new
products to capture shares of those holidays — think Reese's peanut
butter eggs and Swedish Fish jelly beans. "Consumers have
an affinity and loyalty to certain brands and manufacturers who can
convert that loyalty to a seasonal sale or unique format will win," said
Allison. "To take a seasonal product and make it every-day is a bit
more challenging since you need to change the consumer perception of not
only what they brand stands for but also the perception of freshness."
Despite the earlier-than-normal date, the Confectioner's Association
has high hopes for this Easter. The group is projecting that it will
bring in $2.4 billion, up about 1.4 percent from last year. Halloween
could catch up, based on the Nielsen data, but it may be too early to
tell.
Everything you need to know for Easter 2016
It's that time of year when many people's thoughts turn to chocolate, egg hunts, bunnies and the resurrection. And for many, the first bank holiday weekend of the year - with four straight days off work - will also be appealing. But Easter is that most confusing of dates - one that is never fixed and changes according to the lunar calendar. Perhaps you're planning a break with the family
or a weekend visiting friends. Or maybe you're just looking forward to
spending a long weekend relaxing at home or wondering what the religious
origins of Easter actually are. Whatever your plans, you can get organised - and maybe learn a bit about Easter too - by reading our guide.
What are the key dates for Easter 2016?
This year Good Friday takes place on March 25 Easter Sunday: March 27 Easter Monday: March 28 So why does the date for Easter change every year? Easter is a Christian feast day - which are significant days
in the life of Jesus Christ or saints. But unlike most days in the
Christian calendar, Easter does not have a fixed date. Easter
feast days are moveable days, in that they don't fall on a fixed date in
the normal Gregorian or Julian calendars, which follow the cycle of the
sun. Easter instead is determined by the lunar calendar, which is based on the phases of the moon. Easter is scheduled to fall on the first Sunday after the first full moon after the Spring Equinox around March 21. The
Spring, or March, Vernal Equinox is the moment the sun crosses the
celestial equator – the imaginary line in the sky above the Earth’s
equator – from south to north. So, in Western Christianity, Easter will always fall between March 22 and April 25.
But could that change?
Campaigners want the next Government to help parents, schools and businesses plan their holidays by fixing the date of Easter. Ministers
may be asked to ensure it always falls between April 9 and 15. Lobby
groups also claim the move would boost the economy. In a letter to David Cameron,
Keith Porteous Wood, of the National Secular Society, said: “The
variation of the date of Easter causes significant and unnecessary
inconvenience.”
Who decided when Easter should fall?
Getty
A council of Christian bishops was convened by Roman Emperor
Constantine I in AD 325, the First Council of Nicea, which was
Christianity's first effort to get a consensus on what the church
taught. It was decided at this council that Easter Day should fall
on the first full moon after the Spring Equinox, and that it should
always fall on a Sunday to represent the day of Christ's Resurrection.
What's it all about really?
Jasper Juinen/Getty Images
Easter celebrates the resurrection of Jesus after his crucifixion. Christians
believe Jesus was crucified on Good Friday and rose again three days
later. The three days are known as the Easter Triduum. The Easter season begins on Ash Wednesday - the first day of Lent. Lent
lasts 40 days - if you leave out the six Sundays in between Ash
Wednesday and Easter Sunday - and is a time when Christians fast, or
give up a particular food or vice. The fasting period is to remember
when Jesus went into the wilderness and fasted for 40 days. Ash
Wednesday takes place after Shrove Tuesday, or Pancake Day, when rich
foods like eggs are used up before Lent and the fasting period begins. The
Easter week, also known as Holy Week, and includes Maundy Thursday,
which marks the Last Supper Jesus had with his 12 disciples.
What's that got to do with chocolate eggs?
The
eggs are a symbol of new life, used as a symbol of Jesus' resurrection
on Easter Sunday. They can also be seen to represent Spring and
celebrate rebirth and reinvigoration after the harshness of winter. This is why we see lots of chicks, lambs and other cute animals - it reminds us of the continuation of life. And
commercially it's a massive deal - retailers and manufacturers love to
get in on the holiday and persuade us to part with our cash by buying
Easter eggs, cards and anything depicting bunnies.
And the Easter bunny and hot cross buns?
Blame
the Germans for the Easter bunny. Originally an 'Easter hare', a
buck-toothed bringer of chocolate to the kids that have behaved
themselves was first mentioned in German literature in 1682. The
tradition stuck, and has led to the Easter bunnies you see on the
shelves today as well as the expectation for a delivery of Easter eggs
on the day. Hot cross buns are also a traditional snack for this time of year. Scoffed on Good Friday, they mark the end of Lent. The cross on the top represents the crucifixion of Christ and the spices inside remind Christians of the spices put on his body.
Easter wins the candy battle
Reviewed by Unknown
on
15:33:00
Rating: 5
No comments: