Gift Card Purchases Up 414% as Americans Shift to ‘Buy Now, Shop Later’ Mindset
Retail TouchPoints
NOVEMBER 29, 2021
Gift cards are shaping up to be a holiday hero this season, as consumers and retailers continue to grapple with supply and shipping issues. The latest data from the Adobe Digital Economy Index revealed that out-of-stock messages rose a whopping 325% in October 2021 compared to the same month in pre-pandemic times (way back in 2019), and in the last month alone consumers have been hit with more than 2 billion out-of-stock messages online.
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