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Article: Gift-card stats, info.
- Article from:
- Chicago Tribune (Chicago, IL)
- Article date:
- December 8, 2006
CopyrightCOPYRIGHT 2006 Chicago Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In this season of giving, what makes the best gift? One that took hours to select and carefully wrap? Or the quick and no-hassle gift card? It's a debate many of us are having.
Gift cards, no doubt, are catching on big-time. This holiday season gift-card sales are expected to top $24 billion. But gift-giving purists fail to see anything special about a card with its value stamped so visibly on it.
Some gift-card stats:
_$24.8 billion: total gift card sales this holiday season
_$116.51: average amount consumers will spend on gift cards this year
_$88.03: average amount consumers spent on gift cards last year (2005)
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