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Thursday, January 13, 2011

Don't Forget that Gift Card!

Have you used that gift card yet?

Gift cards are a great gift – for retailers! According to the National Retail Federation – about $8 BILLION of what was sold ends up right back with the sellers. Ten percent of gift card values go to waste each year through fees, leftovers, loss or forgetfulness.

Consumer studies show that people who don’t use those gift cards within the first few weeks of receiving them are much more likely to misplace them or forget about them.

Source: Consumer Affairs

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