Shop Talk

Retailers, consumers and prices

Check Out Line: What goes around comes around

October 29, 2009

snowmanCheck out what’s coming around again this holiday season.

It’s that gift you gave someone last year.

According to a holiday shopping poll conducted by Consumer Reports in October, 36 percent of Americans say they have “recycled” a holiday gift. That’s up from 31 percent in 2008 and 24 percent in 2007.

Those more likely to re-gift include women, adults under 55 years old, residents of the U.S. West and people with children under the age of 12.

Want to prevent your gifts from making the rounds again?

Skip presents like socks, slippers and ties, which were on the list of most disappointing 2008 holiday gifts, according to the survey.

Or, for a virtually fail-safe bet, try cold hard cash.

Also in the basket:

P&G, Colgate quarterly results top expectations

Burger King profit, revenue miss expectations

Kellogg 3rd-quarter profit rises, tops Street view

Elizabeth Arden posts surprise quarterly profit

Fashion’s Night Out to be Repeated in 2010 (WWD, subscription required)

(Photo:Reuters)

Comments

Or, just get presents your friends and family actually want.

 

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