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1 results on '"CONSUMER goods"'

1. Why Merchants Are So Happy You Lost That Gift Card.

Author

McCarthy, Michael J.

Subjects
*RETAIL industry, *CORPORATE profits, *CONSUMERS, *RETAIL stores, *SHOPPING, *CONSUMER goods, *MARKETING channels
Abstract

Discusses the impact of gift cards on the retail trade. Way that the loss or underuse of the cards by consumers has created a profit for restaurants and stores; Conflict between states, retailers, and consumers over who should keep the unspent money on cards and whether they should carry expiration dates; Mention of the gift-card company Moneris Solutions Inc., which encourages retailers to buy cards for extra profits; Way that many card recipients spend more than the value on their card.

Published
2003

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