During the holiday season, it’s safe to say that many shoppers buy gift cards for their friends and family. Well Best Buy reported a $43 million gain in fiscal 2006 from cards that hadn’t been used in two or more years. Don’t expect this sales number to go down, this year it’s expected that $24.8 billion worth of cards will be sold, up 34 percent from last year.
How do they earn this money?
Consumer Reports put the figure even higher, estimating that 19 percent of those who received cards last year had not used them because the cards were lost or expired.
via [yahoo news]
