Retailers, consumers and prices
Check Out Line: What goes around comes around
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:
Fashion’s Night Out to be Repeated in 2010 (WWD, subscription required)