With Valentine's Day falling on the Sunday of a holiday weekend, many analysts believed sales would be up compared with last year, with restaurants enjoying a significant boost in sales. In its annual Valentine's Day forecast, released Feb. 1, Los Angeles-based IBISWorld estimated that total sales would be up 3.3% this year, with restaurants enjoying an 8.2% boost, while jewelers and florists would see declines of more than 4.6%. The logic was that people were more likely to travel during ...
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