Content about Gift card

December 17, 2012
Gift card sales to top $110 billion

A report issued by CEB TowerGroup found that sales of gift cards will surpass $110 billion and spillage will drop 20% to $1.7 billion.

November 26, 2012
Gift Cards: Tips and Best Practices for Successful Management

By Randy Frischer and Patricia Brandstetter

November 14, 2012
Gift card spending to reach record $28.79 billion

The National Retail Federation’s 2012 holiday consumer spending survey conducted by BIGinsight showed that 81.1% of shoppers will purchase at least one gift card and will spend an average of $156.86 on gift cards, the highest amount in the survey’s 10-year history.

November 2, 2012
Target unveils holiday gift card assortment; includes digital option

Target Corp. unveiled its lineup of gift cards for the upcoming holiday season.

October 25, 2012
’Tis the Season

By Mark Putman

Perhaps no time of year epitomizes the evolving trend of the integrated consumer buying experience more than the holiday season. Buyers are quickly realizing that rather than spending hundreds on gifts destined to be quietly returned come January 2013, the most efficient use of their money centers on gift cards and other prepaid methods that offer the recipients flexibility and choice. 

October 24, 2012
The Body Shop launches eGift card program from CashStar

The Body Shop launched a new earth-friendly eGift Card service powered by CashStar, a digital gifting and incentives company.

October 22, 2012
Giftango and Burger King partner on digital gift card program

Digital gift card provider Giftango Corp. announced a partnership with Burger King Worldwide to launch the BK digital gift card program, which will allow customers to redeem BK Crown Cards from web-enabled mobile devices, including iOS 6 and Android phones, at participating U.S. Burger King restaurants.

September 4, 2012
Whole Foods launches green gift card program

Whole Foods Market said that it has launched two new eco-friendly gift cards, with plans to replace the recycled plastic cards that will be phased out over time.

August 29, 2012
Walmart to offer cardholders gasoline discount through Dec. 24

Walmart will offer holders of its gift cards, credit cards and prepaid debit cards a discount on gasoline of up to 15 cents a gallon until Dec. 24, 2012.

August 23, 2012
Target reaches $2.5 million donation goal through Facebook app

Target Corp. said Thursday it has awarded $2.5 million in Target gift cards to schools across the country, much of it due to a strong Give With Target campaign with a robust Facebook participation.

August 15, 2012
Focus on: Gift Cards

Retailers looking to add sparkle to this year’s Christmas season may want to take a new look at their gift card programs. Last year, more than half of consumers bought at least one gift card for the holidays, according to a report from First Data Corp., an Atlanta-based e-commerce processor.

Indeed, consumers seem to be taking more of a shine than ever to these types of spending vehicles.

July 26, 2012
Research report: Most retailers plan to use mobile gift cards

Research released Thursday by Transaction Wireless and Aberdeen Group, which examined the benefits of mobile and digital gifting and emerging trends in mobile and social frontiers, found a shift toward digital gifting.

June 27, 2012
The Original Pancake House selects GiftCardLab.com to reach consumers

Gift card and incentive card provider CardLab said that The Original Pancake House will use GiftCardLab.com and IncentiveCardLab.com to better reach consumers.

June 21, 2012
The Art of Social Gifting

Retailers are always looking for new ways to reach customers, and the race to get onto Facebook walls and news feeds to increase brand exposure has never been greater.

But instead of shelling out dollars to pay for traditional Facebook ads and online banners, many companies are allowing shoppers to do the grunt work for them in an organic way. One of the latest trends is combining social sharing with gift giving, so consumers can send presents — from gift cards to apparel — to others via Facebook.

May 18, 2012
Bill reverses right of New Jersey to claim unused gift card

A 2010 law that gave the state of New Jersey the authority to claim the value of unused gift cards as revenue has been repealed by the state’s Senate Budget and Appropriations Committee, according to the Newark Star-Ledger.

April 30, 2012
Online gifting service Wrapp makes U.S. debut; launch partners include H&M, Gap and Sephora

Wrapp, a new online gift service from Sweden, has launched in the United States, partnering with such retailers as Gap, H&M and Sephora to let consumers send free virtual gift cards to friends on Facebook.

April 5, 2012
Second company pulling gift cards from New Jersey

InComm, a leading third-party gift card provider, is following the example of American Express and is pulling out of New Jersey, effective June 30, rather than comply with changes in the unclaimed property law.

April 3, 2012
American Express stops selling gift cards in New Jersey over ZIP code requirement

American Express Co. has become the first company to pull its gift cards from being sold in New Jersey drug stores, supermarkets and convenience stores in response to a controversial new revision in the state's unclaimed property law.

March 16, 2012
First Data issues report on gift card usage

The average gift card dollar volume growth on a year-over-year basis increased 10% during the last six months of 2011, with consumers shopping earlier in the holiday season for prepaid cards and adding more value to their purchases than in 2010, according to a study by First Data Corp.

March 8, 2012
Abercrombie & Fitch to face class-action suit on gift cards

Abercrombie & Fitch Co. was ordered by U.S. District Judge Gary Feinerman in Chicago to answer a class-action lawsuit by shoppers who claimed the retailer voided holiday gift cards that said they had "no expiration date," Reuters reported.

December 20, 2011
Sports Chalet selects Transaction Wireless to deliver e-gift cards

Transaction Wireless announced that Sport Chalet has selected the Transaction Wireless cloud-based gift card platform to deliver personalized plastic and e-gift cards with added marketing capabilities to drive digital promotional campaigns when delivering notifications to gift card recipients.

November 18, 2011
NRF: Gift card spending to reach $27.8 billion this holiday season

Holiday shoppers are expected to spend $155.43 on average for gift cards this season, and total gift-card spending is projected to reach $27.8 billion, according to a survey released Friday by the National Retail Federation.

November 7, 2011
Target’s gift cards makes for interesting viewing

Target Corp. is in a class by itself when it comes to gift cards, offering a broad selection to suit all ages.

November 1, 2011
Buca Di Beppo teams with Transaction Wireless for digital gift cards

Digital gift card solution-provider Transaction Wireless said that restaurant chain Buca di Beppo has selected Transaction Wireless to power its digital gift card program.

September 27, 2011
First Data Advisors reports on mid-year gift card performance

The prepaid gift card market remained healthy in the first half of 2011, experiencing a higher rate of growth than U.S. consumer spending despite the sluggish macroeconomic environment.

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