Scott Krugman Gift Quotations

There are two factors over last year: Gift cards are playing more of a role in the holiday season and the fact that we have such a late Hanukkah this year.

It is an easier last-minute gift. For people that are trying to avoid the long lines or as the apparel selection starts to thin out, I think you will see more people turning to gift cards today.

The consumer has proved more resilient than many thought. We're still in the middle of a very busy week that can account for 10 to 15 percent of holiday sales, especially with all the unredeemed gift cards. It's not over yet.