Wow...That is simlpy amazing. Assuming they maintain profit margins of about 25% on products sold, that $16 mm represents about $64 million in sales!
I for one gave gift cards to friends and family and most of the time the friends never find anything they want at the store so they just hold it. Little do they know that gift cards eventually expire...
Awesome! I live only 9 blocks from Union Square and still have an ID to get into the Palladium NYU facility to warm up and use the bathroom if I have to...Plus running back home for supplies (clothes, blankets, food, water, etc...) when needed won't be a hassle either!
Bioshock Tuesday: win an Xbox 360 and a copy of Bioshock
Aug 26th 2007 1:10AM (Engadget)Unredeemed gift cards dwarf credit- and debit-card fraud
Jan 8th 2007 1:13PM (Joystiq)I for one gave gift cards to friends and family and most of the time the friends never find anything they want at the store so they just hold it. Little do they know that gift cards eventually expire...
So watcha get for Consumermas?
Dec 27th 2006 7:12PM (Joystiq)I bought these for my family:
46" Sony XBR3 LCD
32" Samsung LCD
LV Epi Passy Bag
Nintendo Wii w/ Zelda
Engadget Black Friday giveaways (part 1): Xbox 360 Premium pack!
Nov 24th 2006 4:56PM (Engadget)6 Circuit City stores with PS3 midnight launch and 100 units
Nov 6th 2006 12:25AM (Joystiq)