web analytics

Category Archives: Industry News

Are Gift Cards Dead? Response to CNBC news

    Don’t plan any gift card memorials  yet-there is still a LOT of life in the #1 most requested holiday gift! CNBC’s recent report on holiday gift card usage, Why Gift Cards May Be Dying Trend was an attention getting headline but it sent the wrong message.  The call out is not “gift cards may be

    Read More

    Better Business Bureau: Beware of WalMart texting scam

      I have told you in the past that our next onslaught of scams will come by text messaging. Here is a good example: consumers are reporting receiving text messages on cell phones that claim they have won a $1,000 Walmart gift card. They are told they need to enter a code word on a website

      Read More

      Blame Christie for gift-card scam

        12:57 PM, Apr. 5, 2012   The Daily Record is entirely correct in calling the state’s claiming of unused gift card and gift certificates for balancing the budget a “ridiculous money grab,” but your version of how this misguided law came to be shows your memory to be foggy (“Gift-card law little more than Trenton

        Read More

        Consumers intend to spend $17.6B on Valentine’s Day gifts

          Consumers intend to spend $17.6B on Valentine’s Day gifts Don’t forget a romantic dinner – 70 million people to dine out February 05, 2012 My wife and I have already bought both of our families’ Valentine’s Day cards, chocolate boxes and that doesn’t include gifts for our cats and the gifts I will give my

          Read More

          Court puts New Jersey’s gift card law partially on hold

            Provisions of New Jersey’s gift card law may be unconstitutional, the Third Circuit recently ruled, affirming a temporary injunction against the retroactive application of certain parts of the law. USA February 1 2012 In 2010, the state passed a law that, for the first time, provided for the escheat of gift cards to the state.

            Read More

            End gift-card grab for N.J. budget

              New Jersey’s attempt at a gift-card grab from consumers has created a fresh casualty. American Express has decided that New Jersey is not everywhere it wants to be, to cite a slogan from rival Visa. AmEx decided this week to pull its co-branded gift cards from retailers’ shelves in the Garden State, rather than comply

              Read More

              IGCC and RGCA Offer Reciprocal Membership Discount

                IGCC and the Retail Gift Card Association have formed a partnership to extend a reciprocal membership discount to eligible members of each other’s association. While IGCC was organized to promote the use of cards as preferred award choices in B-2-B programs, RGCA complements the IGCC’s focus in the incentive segment by providing advocacy, support, education

                Read More