Gift card sales to slide, study says

WASHINGTON Gift card sales for the 2008 holiday season are expected to decline by more than 5 percent in part because of how that sort of gift is perceived, according to the National Retail Federation.

A study conducted for the group by BIGresearch also found that some shoppers are forgoing gift cards this year to hunt for sale items, while others are worried that the issuing store or restaurant could go bankrupt

The study, which was based on a consumer

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