Survey: Demand for gift cards drops among potential recipients

Survey: Demand for gift cards drops among potential recipients

Restaurateurs hoping for a robust holiday shopping season will have to make peace with the fact that many consumers are still cutting their spending, even on the most popular stocking stuffers: gift cards.

A recent study conducted by Consumer Reports showed a general lack of enthusiasm for receiving gift cards. Of American consumers surveyed, 46 percent planned on buying a gift card but only 15 percent wanted to receive one.

Even though other studies show spending on gifts and gi

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