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Hot Issue: Cash/Credit Cards

9/27/07
Gift Cards Continue to Grow

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According to a study from Archstone Consulting, sales of holiday gift cards will surge 25 percent to a record $35 billion this year. The gains are expected to be driven by expanding gift card sales beyond their own stores, more sophisticated software at cash registers; and a growing cultural acceptance in giving gift cards as presents. Do you likewise expect big gains in gift card sales this holiday season? How much longer do you think growth will continue?

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