Halloween is no longer just for children trick-or-treating. The holiday has transformed into a multi-billion-dollar season increasingly fueled by adult consumers.On the latest episode of the Modern Retail Podcast, senior reporter Gabi Barkho explores the “Adultoween” phenomenon alongside Katherine Cullen, senior retail analyst at EY and Danielle Sporkin, senior vp of media & marketing for Ferrero North America.From lawn animatronics to spooky cocktails, adults are spending more time and money celebrating Halloween than ever before. In this episode, we’ll explore what’s driving this trend, how brands and retailers are adapting, and what it means for the broader retail landscape. And this growth is being reflected in the sales figures. According to NRF data, consumer spending on Halloween is expected to reach $13.5 billion this year, up from $8 billion in 2012.This episode gets into:

How the ‘kidult’ trend is being driven by millennials and Gen Z consumers as they embrace nostalgia, collectibles and celebrations that extend beyond October 31.

The “Adultoween” trend being partly fueled by people seeking real-world connection in an increasingly AI-driven digital world.

How brands and retailers are capitalizing on expanded categories, including outdoor lights and indoor decor like candles and pillows.