Partner Article

Best Ever Year for Gift Cards

GIFT cards enjoyed a bumper year for sales in 2015, according to new data revealed by the Gift Voucher Shop (GVS) the company behind the UK’s leading multi-retailer gift card, the One4all Post Office Gift Card. The One4all Gift Card, which has more than 22,000 UK stores within its scheme, saw an increase of 35% year on year in 2015.

Online sales via One4allgiftcard.co.uk also saw a 60% increase, compared to 2014.

Declan Byrne, managing director at GVS UK, said: “We’ve seen a phenomenal demand for gift cards in the past year. We have far exceeded our sales targets, and we are pleased to be able to pass on this custom to the high street and online retailers, where our gift cards can be redeemed.”

Gift Card orders for rewards and incentives via their corporate division, One4all Rewards –- soared 47% above the previous year.

Byrne continues: “We have seen a huge rise in demand from businesses looking to create a point of difference in the competitive recruitment market, through things like rewards and incentives schemes. We’ve also seen an increase in the number of enquiries coming through as businesses strive to find new ways to reward staff for staying late and working even harder.”

According to GVS data, fashion retailers saw the largest value of One4all Gift Card redemptions during the 2015 Christmas period* - overtaking general merchandise stores which were number one in 2014.

General merchandise retailers fell into second place, followed by department stores, health and beauty, and electricals and entertainment retailers.

Retailers focussing on men and motors, children and mothers, books, jewellery and restaurants completed the top 10.

Byrne continues: “We’re delighted that we’ve seen such growth in the fashion category, especially during a year which has seen retailers like John Lewis, H&M, GAP Online, and TK Maxx Online joining the One4all scheme.”

The One4all Gift Card is the market-leading, multi-retailer gift card, popular for the choice it offers customers, and is currently accepted in store and online at over 22,000 stores nationwide.

This was posted in Bdaily's Members' News section by Christine .