Gift Cards | featured news

Safeway Plans IPO for Gift-Card Unit


Supermarket chain Safeway SWY +4.30% is planning to spinoff its gift-card subsidiary Blackhawk Network with an IPO next year, only months after saying that wasn’t in the cards. The plan, revealed in a short press release with scant details, calls for a minority stake to be sold in Blackhawk.


This Valentine Give the Gift of Cherished Memories

According to the National Retail Federation,, Americans will spend $17.6 billion on Valentine’s Day this year. This is equivalent to about $126 per person who’s celebrating the holiday, and makes Valentine’s Day the second biggest gift giving holiday. Men spend on average $169, which is almost twice as much as what women will spend.


U.S. stores hope for "Mega Monday" of brisk sales

Mega Monday

Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans and warm, dry weather lured some out for what was likely to be the third busiest shopping day of the holiday season. Chains were also hoping that shoppers coming in to redeem the millions of gift cards given as presents might be willing to spend a bit more cash of their own.


If you’re giving or getting a gift card, some safety tips to follow

Gift Cards

My daughter participated in a Christmas gift exchange in her young-adult-usher ministry. Every teen but my daughter brought gift cards. She came with a movie to exchange. Her gift was not so popular. My, how times have changed. Forget the crazy-colored scarves or the overly bold-smelling lotion gift packs. The gift card is the go-to present when you don’t know what to get someone. My husband and I laughed that the teens could have put all the cards in a bowl and then selected the one each wanted.


Christmas Eve dash caps banner shopping season

Christmas Eve dash caps banner shopping season

Holiday procrastinators are preparing to zoom through picked-over stores, grabbing discounted sweaters and can't-go-wrong gift cards. If they can get a parking spot, that is.


Target stores to sell Facebook gift cards

Social networking website Facebook is dipping into the brick-and-mortar world by selling gift cards at retailer Target that can be used toward purchasing virtual products for games hosted on the site.

Senh: What a waste of money. I still don't understand why anyone would pay for virtual items. I don't think they'll do too well.


Carrier charged with $123,000 in mail thefts

Carrier charged with $123,000 in mail thefts

A letter carrier who has worked in this town for the past nine years has been charged with stealing cash, gift cards, debit and credit cards from the very mail she was paid to deliver, authorities said Wednesday.


Baltimore’s Mayor Is Convicted

Baltimore’s Mayor Is Convicted

Baltimore’s mayor was convicted Tuesday on a single charge she took gift cards intended for the city’s poor.


Trial Begins for Baltimore Mayor

Trial Begins for Baltimore Mayor

Mayor Sheila Dixon faces charges of theft and embezzlement amid accusations she used gift cards intended for needy families.


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