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  • Member You - Gift Cards Under The Gun, is Retail the Next Target?

    Getting the Most from Your Graphic Designer
    A well-designed document is an effective document. It gets your message across to your intended audience—whether your aim is to give information, sell a widget, or help someon
    2004481,00.asp?kc=EWRETEMNL082406EOAD

    This is problematic as it adds fodder to the lawyers to sue companies, which may not be in compliance, it hurts smaller companies attempt

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    The Federal Trade Commission is concerned that many companies offering Gift Cards are not disclosing all the terms and fees. The SEC is questioning which quarter the gift card revenue is put into? Should it be listed in the fiscal quarter it is issued or the fiscal period that the consumer actually uses it? Additionally it is widely known that most gift cards have balances that are never used and eventually expire. The industry average is some 15-20% and this means the companies retain that as income.

    Now we see that Regulatory Bodies already trying to control the growth of gift cards;

    http://www.eweek.com/article2/0,1895,2004481,00.asp?kc=EWRETEMNL082406EOAD

    This is problematic as it adds fodder to the lawyers to sue companies, which may not be in compliance, it hurts smaller companies attempti

    Enron Commodity Trading was Not Original
    If one were to go an annual report for El Paso Energy from 2000; they would find on page 11 of the shareholders report a picture of their 80,000 square foot trading floor, wit
    s put into? Should it be listed in the fiscal quarter it is issued or the fiscal period that the consumer actually uses it? Additionally it is widely known that most gift cards have balances that are never used and eventually expire. The industry average is some 15-20% and this means the companies retain that as income.

    Now we see that Regulatory Bodies already trying to control the growth of gift cards;

    http://www.eweek.com/article2/0,1895,2004481,00.asp?kc=EWRETEMNL082406EOAD

    This is problematic as it adds fodder to the lawyers to sue companies, which may not be in compliance, it hurts smaller companies attempt

    Make The Right Hire
    How many times have you had an employee quit and then immediately feel de
    ances that are never used and eventually expire. The industry average is some 15-20% and this means the companies retain that as income.

    Now we see that Regulatory Bodies already trying to control the growth of gift cards;

    http://www.eweek.com/article2/0,1895,2004481,00.asp?kc=EWRETEMNL082406EOAD

    This is problematic as it adds fodder to the lawyers to sue companies, which may not be in compliance, it hurts smaller companies attempt

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    One of the worst culprit industries for hiring illegal aliens is the Car Wash industry and what is interesting is that it is no secret yet it still goes on and no one will do
    rying to control the growth of gift cards;

    http://www.eweek.com/article2/0,1895,2004481,00.asp?kc=EWRETEMNL082406EOAD

    This is problematic as it adds fodder to the lawyers to sue companies, which may not be in compliance, it hurts smaller companies attempt

    Restaurant Employee Theft
    Restaurant owners don’t run a cash machine 24/7. They face the reality of being observed by thieves undercover and this alone is a serious threat not only to the business but
    2004481,00.asp?kc=EWRETEMNL082406EOAD

    This is problematic as it adds fodder to the lawyers to sue companies, which may not be in compliance, it hurts smaller companies attempting to bundle services and lock in customers from their major Box Store Outlets. Also gift cards are being used as a form of currency by many?

    This electronic bartering will cause issues with the currency say some forward sub-sector economists. All this is interesting. But can we trust the government to regulate this, as they are messing up everything else they regulate and in the end Always end up hurting the consumer they purport to protect? Consider all this in 2006.

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