Catch up on last week’s news! Read The Toy Book Toy Report for 11/24/09.
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NRF: Shoppers to Spend Less on Gift Cards
November 19, 2009 By
According to the National Retail Federation (NRF), holiday shoppers plan to spend less on gift cards and recipients can expect cards with lower monetary values. The study by the NRF, part of the 2009 Holiday Consumer Intentions and Actions Survey, reported that holiday shoppers will spend an average of $139.91 per person, compared to $147.33 last year. The average value per card, stated the survey, would be $39.80, compared to $40.54 in 2008.
