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Halloween remains a big business, Miley “twerking” is popular costume

atwerk
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atwerkAn estimated 158 million people will celebrate the holiday this year, according to the National Retail Federation, spending about $6.9 billion on candy, costumes, decorations, party favors and more.

Since 2005, the trade group reports, total Halloween spending has increased approximately 55 percent nationwide.

Spirit Halloween is one of several pop-up retailers who take up otherwise vacant storefronts each fall in shopping centers around hundreds of cities including Albuquerque. Nationwide, the company — part of the Spencer Gifts chain — has about 1,050 stores, Barr said. They’ll remain open until Nov. 3.

Hot costumes this year, according to Barr, include traditional items such as super heroes and zombies, as well as pop culture knockoffs such as singer Miley Cyrus, whose bizarre “twerking” — a type of dance — during the MTV Video Music Awards garnered worldwide attention.

Thrift shops report brisk sales this time of year as well. Goodwill stores stock an assortment of new and used costumes, as well as makeup and decorations. Items for sale vary by location, Segal said.

The average American will spend $75.03 on Halloween this year, the National Retail Federation says. That’s down slightly from last year’s average of $79.82, a decrease of 6 percent

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