Are you a gift card person 👀 Turns out, up to 3% of gift card balances will never be redeemed. That’s about $9 billion that goes unused. If balances go unused for a long period of time, stores can report a portion of those unused balances as “breakage income,” which can be treated as revenue 🫢🫠. Watch this episode of Two Cents to learn more about the "deadweight" loss of holiday giving. | PBS Digital Studios
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