Americans May Lose $8.2 Billion on Unredeemed Gift Cards
 
 
employee recognition
 
 
What's in your employee's wallet?
 
 
Not another gift card! 10% never get used.
 
 
     
 
According to a 2007 report by the TowerGroup, a leading advisory research firm on the financial services industry, an estimated 10 percent of the $82 billion in gift cards issued in 2006 will be lost due to unredeemed value on the cards, expiration or loss of the gift cards entirely.
 
     
 
A senior research analyst for TowerGroup said 'cards often go unused because when people receive them they do not view them as money and put them aside in ways they would not if it were cash. In other cases, the card holder uses some of the value of their gift card and then sets it aside with the intention of using it later but never does.'
 
     
 
Learn more now about employee recognition solutions that don't lose value over time.
 
     
 
C.A. Short
 
     
 
Call (800) 818-8985 ext4410 or learn more online now.
 
 
C.A. Short Company 4205 E Dixon Blvd Shelby, North Carolina 28152