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The Economics of Saint Valentine: Trends in Consumer Behavior
Valentine's Day, celebrated annually on February 14th, has evolved into a significant economic event, with consumers spending substantial amounts on gifts and experiences to express affection. Understanding the economic impact and consumer trends associated with this holiday is crucial for businesses, especially those in the gift card and email marketing sectors.
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5 Gifting Trends; Seasonal Insights From BofA; Lessons From Walmart's Gift Card Program
This week we explore escheat laws, as a growing number of states move to exclude or exempt gift cards from these regulations, allowing businesses to retain unused gift card balances instead of turning them over to state authorities.
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