Survey: Gift Card Sales To Rise
By Staff -- Home Textiles Today, 12/5/2005 12:00:00 AM
Washington —
Gift card sales will total $18.5 billion this holiday season, a 6.6 percent increase over 2004, when holiday gift card sales hit $17.3 billion, according to the third annual National Retail Federation Gift Card Survey, conducted by BIGresearch.
The average consumer will spend $88.03 on gift cards this holiday season, 15.6 percent of their holiday gift budget, the survey found.
“Gift cards present a win-win situation for both consumers and retailers,” said Tracy Mullin, NRF president and CEO. “Gift cards take the guesswork out of giving and since they take up minimal shelf space, they are easy for retailers to stock and display.”
We would love your feedback!
-
Comps sluggish in December's second week
Dec 13, 2011 -
NRF: Thanksgiving weekend shopping hits record highs
Nov 28, 2011 -
BigResearch, NRF Share Holiday Survey Results
Nov 9, 2009 -
BigResearch, NRF share holiday survey results
Oct 23, 2009 -
Survey: gift card sales to rise
Nov 17, 2005
Featured Company
-
FurnitureCore.com
FurnitureCore.com is a dynamic web application aimed at the furniture industry. Retailers and manufacturers alike will find our deep reserve of tools to be exactly what their furniture business needs.www.furniturecore.com... more
