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Declines in Gift Cards, Self-Splurges Hurt Retailers

By Matt Cantor,  Newser Staff

Posted Dec 10, 2008 4:57 PM CST

(Newser) – Naughty or nice, America’s retail stores can’t look forward to two of the holiday season’s usual boons: gift card sales and “self-gifting” splurges, MarketWatch reports. About 44% of shoppers say they will not buy gift cards this year, up from 26%...   Read full story »

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