THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Over half of consumers are likely to give a gift card or voucher this Christmas

Some 57% of consumers are likely to give a gift card or voucher as a gift this Christmas according to new figures released by The UK Gift Card & Voucher Association.

GENERAL MERCHANDISE

Over half of consumers are likely to give a gift card or voucher this Christmas

Some 57% of consumers are likely to give a gift card or voucher as a gift this Christmas according to new figures released by The UK Gift Card & Voucher Association.

The survey of 2,000 consumers shows that the percentage has grown from last year when 49% or consumers said they would be likely to give a gift card or voucher as a Christmas present.  

The results of the survey are in line with recent industry data from BDO that shows that sales of gift cards and vouchers grew by 9.71% in the third quarter of 2014.  

Andrew Johnson, director-general of the UKGCVA, said: “This data reflects a very exciting time for the industry. With a clear increase on last year’s results, we can see the growth that the gift card and voucher market is currently experiencing.  We have witnessed a solid increase in popularity of gift cards and vouchers over recent years and are now anticipating that the run up to Christmas 2014 will be the most promising period to date.”  

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process