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Gift Card News (Page 9)

The gift card industry changes quickly. Bankruptcies, new websites, changing regulations, fraud, mobile gift cards, electronic gift cards and public perceptions are just a few issues we keep track of for you.

You'll also find links to articles and press about your favorite gift-giving octogenarian, Gift Card Granny.

The Gift Card Year In Review


December 29, 2010

The Gift Card Year In Review

Dear Gift cards: How we adored thee in 2010. Whether you came to us in the ol' plastic covering we know and love or the sexy new digitized form we always dreamed of, we couldn't keep our hands off you. Seriously, we couldn't, and there are numbers to prove it: As of early September, demand for you outpaced 2009 …

City Exchanges Gift Cards for Handguns


October 25, 2010

City Exchanges Gift Cards for Handguns

Organizers of a weekend handgun buy-back program in New Bedford, Mass., found $100 supermarket gift cards were just the ticket to lure about 140 weapons off city streets. The Rev. David Lima, executive minister of the Inter-Church Council, which joined local law enforcement agencies to sponsor the exchange, said the community response was overwhelming. Although the total number of firearms collected …

For Merchant Gift Cards, the Future is Mobile


September 27, 2010

For Merchant Gift Cards, the Future is Mobile

When the classic film "The Graduate" debuted in 1967, a white-collar man at Dustin Hoffman's party famously told him, "There's a great future in plastics." Now, 43 years later, the future of merchant gift cards is in bits and bytes. A virtual gift card company, Giftango, recently formed a stellar partnership with 35 major brands across the nation. Amazon, Cabela's, Lowe's, Papa …

Avoid Getting Snared in Gift Card Bankruptcy Web


September 24, 2010

Avoid Getting Snared in Gift Card Bankruptcy Web

Photo by lucias clay On the heels of Blockbuster Video's Chapter 11 filing on Thursday, gift card holders once again are wondering whether they'll be left out in the cold. Consumers fear a sad repetition of the scenario seen when Linens 'N Things, Sharper Image and Mervyn's reneged on gift card deals at the beginning of the Recession. So what can …

Check Merchants Financial Pulse Before Buying Gift Cards


June 15, 2010

Check Merchants Financial Pulse Before Buying Gift Cards

Thousands of consumers were left out in the cold in 2008 when a storm of merchant bankruptcies turned roughly $100 million worth of gift cards into little more than tiny windshield scrapers. (See Granny's holiday post on 16 creative uses for useless gift cards.) Mervyn's, Sharper Image and Linens 'N Things, among many others, reneged on gift card deals, leaving consumers with …

Gift Card Granny Featured on Netted


June 10, 2010

Gift Card Granny Featured on Netted

Gift Card Granny is honored to have been selected as site of the day from Netted by the Webbys. For those who are not familiar with Netted by the Webbys, it is a site of the day website with the winners choosen by the same crew that decides which website wins the webs annual Webby award. If you are interested in …

New Rules Limit Unfair Gift Card Fees and Restrictions


March 24, 2010

New Rules Limit Unfair Gift Card Fees and Restrictions

The Federal Reserve issued new gift card rules March 23 that, beginning Aug. 22, will help shelter American consumers from a flurry of unexpected fees and restrictions that have gradually turned into a financial snowstorm. Gift cards have become so popular in recent years -- particularly with the advent of discount gift cards -- more than 95 percent …

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