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Consumers to Spend $24.8 Billion on Gift Cards This Holiday: NRF
WASHINGTON -- Retailers can expect to see a surge in gift card sales this holiday season, according to the fourth annual National Retail Federation (NRF) Gift Card Survey, conducted by BIGresearch. This year's survey estimated that gift card sales will total $24.81 billion this holiday season, a $6 billion increase over 2005.