Consumers on the go are using their smartphones to pay for items they buy in a bricks-and-mortar environment, according to reports released by retailers this week. Baby apparel and toys seller Magic Beans, a 5-store chain based in the Boston area, saw that 18% of all transactions were made with mobile self-checkout in lieu of
Spring and summer bring with them an array of gift-giving opportunities, and this season more than two thirds of US shoppers plan to buy gift cards, a convenient choice and fail-proof gift. As the warm-weather gifting season begins, the Retail Gift Card Association (RGCA) surveyed US consumers about which types of gift cards will be
March 18, 2013 by Paul Ausick Source: Thinkstock The unit of Safeway Inc. (NYSE: SWY) that issues gift cards and other prepaid and reloadable cards this morning filed a Form S-1 with the U.S. Security and Exchange Commission (SEC) to raise up to $200 million in an initial public offering. The unit, which will be called
Spending on Food, Gifts and Apparel Expected to Increase This Easter, According to NRF -Easter Sales Continue Climb to Pre-Recession Levels- Washington, April 7, 2011 – Not since 1943 have Americans seen an Easter fall this late in the calendar, but it seems the delayed holiday won’t impact consumers’ eagerness to spend on décor, food
The state has come through–well, sort of. Last night, the New Jersey Senate voted to do away withthe so-called “gift card law,” the legislation that required sending the unused balance of residents’ gift cards to the state’s coffers. The law, passed in 2010, was meant to protect consumers by forcing gift card companies to hand
State Tax Snapshot: Gift Cards Targeted for Escheat Enforcement
Gift cards are exempt from unclaimed property reporting requirements in many states. In states where gift cards are subject to escheatment, a three-to-five year presumed abandonment period applies. But a growing minority of states are stepping up their efforts to subject unredeemed gift card amounts to escheatment.
Gift card exchanges began popping up after consumers started selling or trading their unused gift cards on their own – often through unsafe channels. RGCA recommends consumers to educate themselves on gift card exchanges before selecting one. Read the full story.
WASHINGTON D.C., July 8, 2014 – Americans love giving and receiving gift cards. They are always in demand and present retailers with significant incremental sales opportunities. This is according to new consumer research from the Retail Gift Card Association (RGCA). The Association surveyed more than 1,100 US consumers on their use of gift cards, preferences
BENTONVILLE, Ark., April 4, 2012 /PRNewswire via COMTEX/ — According to Walmart customers, when it comes to celebrating the spring’s biggest family holiday, Easter, the ability to personalize their Easter basket and including fresh ingredients in the family meal are key motivators. Walmart listened and has broadened its Easter assortment to ensure customers can purchase