New Report Says Gift Cards More Popular Than Ever
Gift cards have come of age, according to "Holiday Retail Strategies 2004: How Christmas Shopping Trends Will Shape the 2004 Season," a study recently released by Packaged Facts, a publishing division of MarketResearch.com. According to the report, gift cards continue to increase in popularity: They accounted for 10 percent of the $226 billion in holiday sales for 2003, double the 2002 figure.