Community Corner

Take a Guess: How Much in Gift Cards Will Go Unspent This Year?

Do you give or get gift cards? Do you remember to use them?

Many Dormont and Brookline residents will undoubtedly give or receive gift cards this holiday season. But how much of that money will go unspent?

$1.7 billion, according to this business article on Mashable.

According to Business News Daily, just 75-percent of consumers will spend all the money on their gift cards this year. 

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85-percent of the U.S. population will give gift cards, with sales projected to pass the $110 billion mark, according to a survey by the advisory company CEB TowerGroup.

 

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