Best Buy made $43 million profit in unused gift cards in 2006

In Misc, News on December 18, 2006 at 4:02 pm

Yahoo News reports that the leading retailers are making huge profits on unused gift cards. How much?…for example, Best Buy made $43 million in profit in fiscal year 2006 on unused gift cards. That’s amazing.

Read the full story here.

PS: I have 2 of my Best Buy gift cards sitting on my wallet for a while now. My 2 cents!!!

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