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FedEx Delivers For Last Minute Shoppers This Valentine’s Day

Stocks in this article: FDX

Love is in the air this Valentine’s Day, but one-third of consumers are just starting to notice, according to a survey commissioned by FedEx (NYSE: FDX). The survey found that 36 percent of gift-givers “wait until the last minute” to purchase gifts for their loved ones.

The survey of 1,000 U.S. consumers found that gift-givers are much more likely to procrastinate on their Valentine’s Day gift purchases than Christmas, Hanukkah or Mother’s Day. Thirty percent finish their shopping just one day before Valentine’s Day (or later), while just 18 percent do the same for Christmas or Hanukkah. Ironically, 40 percent of those surveyed also believe that February 13 is too late to find a good gift for a spouse or partner.

“Whether consumers have planned for weeks or waited until the last minute to ship their valentines, FedEx is committed to delivering for our customers,” said Paul Tronsor, Managing Director, FedEx Global Operations Control. “We are experts in planning and have the teams and technology in place to move millions of Valentine’s Day gifts around the world quickly and safely.”

With just a few days left before Valentine’s Day, FedEx has a solution for gift-givers still looking to send a special present to a loved one. For those true procrastinators, FedEx Priority Overnight® and FedEx Standard Overnight® services will get packages sent out on Wednesday, February 13 delivered in time for the special day on Thursday, February 14. FedEx Ground® and FedEx Home Delivery® offer evening and appointment delivery services, to make it more convenient for loved ones to be home to receive their Valentine’s Day gifts.

According to the National Retail Federation, more than 25 percent (26.3%) of gift-givers plan to shop online for Valentine’s Day. FedEx expects to deliver millions of tokens of affection in the days leading up to Valentine’s Day and provides many of its e-commerce customers with the capability to take orders as late as February 13 for delivery on Thursday, February 14.

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