Ringing In a Retail Roundup
Earlier this week, I mentioned the strong holiday traffic I witnessed at Apple (AAPL) stores and retailers, such as Target (TGT), Best Buy (BBY) and others that sell iPhones, iPods, iPads and MacBooks among other Apple products and accessories. One could argue that in the last few years, Apple has become a dominate force in consumer electronics; Christmas has increasingly become an Apple heavy holiday.
That is but one change that has occurred over the last few years. While there have been several, a big one that touches across most, if not all, retailers is the rise of gift cards. According to data compiled by Card Hub, gift card sales have risen from $19 billion in 1999 to $99 billion in 2011. Talk about a growth industry. ...346 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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