Content about Exonumia

June 18, 2013
Survey: Majority of consumers have plans to give retail gift cards

The vast majority (91.4%) of American consumers plan to give up to three retail gift cards as gifts over the next three months, according to survey results released Tuesday by the Retail Gift Card Association.

Oklahoma City -- The vast majority (91.4%) of American consumers plan to give up to three retail gift cards as gifts over the next three months, according to survey results released Tuesday by the Retail Gift Card Association.

However, the survey also found that consumers will continue to keep their wallets tight - only 30.6% of respondents would purchase something they would not normally buy. The rest, 69.4%, said they would spend the gift card on something they needed, or put it toward a larger purchase.

January 7, 2013
Eisenhower Square sees tenant additions

Brixmor Property Group announced the recent openings of a 34,103-sq.-ft. Save-A-Lot and a 1,000-sq.-ft. Maison De Macarons at Eisenhower Square, located in Savannah, Ga.

Savannah, Ga. -- Brixmor Property Group announced the recent openings of a 34,103-sq.-ft. Save-A-Lot and a 1,000-sq.-ft. Maison De Macarons at Eisenhower Square, located in Savannah, Ga.

Also, a lease has been executed for an 8,640-sq.-ft. Generation One, a hospital-based, senior-related healthy aging program.

Brixmor, based in New York City, is the owner of Eisenhower Square.

 

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

By Randy Frischer and Patricia Brandstetter

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.

Washington, D.C. -- 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. Total spending on gift cards will reach $28.79 billion.

According to NRF’s first holiday survey, released in October, six in 10 (59.8%) of those polled said they’d like to receive gift cards this year, up from 57.7% last year.

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.

Portland, Ore. -- Digital gift card provider Giftango Corp. announced Monday 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.

The digital gift cards – called BK eGifts – will be made available through a variety of channels including BK.com and will also be delivered through email, SMS text or Facebook wall posts.

 

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.

Austin, Texas -- Whole Foods Market said Friday 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.

The new cards – one made of paper and the other of responsibly harvested wood— are certified by the Forest Stewardship Council and have a lower carbon footprint, are reusable, recyclable, compostable and require less energy to be produced.

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.

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.

Atlanta -- 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.

InComm supplies some 2,500 retail locations throughout New Jersey with cards for such brands as Visa, iTunes, Macy's, Subway, Chili's, and Lord & Taylor. InComm also announced the removal of its Vanilla Visa Gift Card and Vanilla MasterCard Gift Card products from the state.

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.

New York -- 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. (The only way New Jersey residents can now buy AmEx gift cards is directly from the company.)

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.

Washington, D.C. -- 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.

June 20, 2011
Gift Cards: Opportunity and Issues for Retailers

The growth of gift cards has been nothing less than phenomenal. But while gift cards have come to provide a critical source of earnings, they also face an intensifying regulatory environment, including tax and financial reporting for gift cards, that has become increasingly complex.


April 29, 2011
Gift Cards: Opportunity and issues for retailers

By Giles Sutton and Mark Wuller, Grant Thornton

By Giles Sutton and Mark Wuller, Giles.Sutton@us.gt.com, mark.wuller@us.gt.com

March 24, 2011
Gift Cards: Opportunities and issues for retailers

By Giles Sutton, J.D., LL.M, Grant Thornton LLP

By Giles Sutton, J.D., LL.M, giles.sutton@us.gt.com

Gift-card sales have surged in recent years. With electronic or virtual gift cards and mobile applications that allow consumers to purchase and redeem gift cards from their mobile/smartphones, sales only continue to grow. While consumers flock to them for their flexibility, businesses have embraced them as a means to increase sales. Not only are buyers spurred into making new purchases, but they often spend more than the gift-card amount.

November 17, 2010
Gift-card sales expected to rise this holiday season

After going head-to-head with discounted holiday gifts such as luxury cashmere sweaters and appliances last year, gift cards are expected to emerge as winners this holiday season.

Washington, D.C. -- After going head-to-head with discounted holiday gifts such as luxury cashmere sweaters and appliances last year, gift cards are expected to emerge as winners this holiday season. According to NRF’s 2010 Gift Card Consumer Intentions and Actions survey, conducted by BIGresearch, Americans will spend an average of $145.61 on gift cards, up from $139.91 last year. Total gift-card spending is expected to reach $24.78 billion.

August 31, 2010
Reinventing the Gift Card

Gift cards are a perennial favorite during the holidays, with the months of November...

August 18, 2010
Retail Gift Card Association names president, executive director

The Retail Gift Card Association (RGCA) today announced that Andrew Rowe is joining the association...

May 18, 2010
NRF: Consumers to spend more on grad gifts

The National Retail Federation found that while fewer people would be buying graduation gifts this...

May 6, 2010
New federal regulation of retail gift cards

Prompted by Congress’s recent passage of the Credit Card Accountability and Responsibility Disclosure Act of...

By David S. Almeida and David M. Caves, dsalmeida@michaelbest.com, dmcaves@michaelbest.com

November 3, 2009
Borders debuts customizable e-cards

Borders is introducing customizable e-gift cards....

January 25, 2009
Hhgregg Continues to Accept Circuit City Card

Consumer electronics retailer hhgregg Inc. said on Monday that it will continue to honor Circuit...

December 14, 2008
Meijer: Gift Cards Go Toward Necessities

GRAND RAPIDS, Mich. As economic concerns grow, consumers getting gift cards this holiday season are...

December 8, 2008
Sears Canada Offers Customized Gift Cards

Sears Canada on Tuesday introduced its personalized Sears Gift Card, which enables shoppers to personalize...

November 23, 2008
Holiday Gift-Card Sales to Reach $35-$40B

Gift-card sales are forecast to hit $35 billion to $40 billion this year, according to...

November 17, 2008
Survey Predicts Gift-Card Spending to Drop

The National Retail Federation (NRF) released the findings from its sixth annual Gift Card Survey,...

November 16, 2008
Target, Best Buy Launch Innovative Gift Cards

Target and Best Buy are taking their holiday gift cards to a whole new level....