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Old 12-27-2013, 10:02 AM
 
Location: Atlanta, GA..don't go to GSU
1,110 posts, read 1,660,568 times
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This was pretty interesting.. but it's nice to see an Atlanta company in the top 5

Home Depot among Top 5 most requested gift cards - Atlanta Business Chronicle
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Old 12-27-2013, 10:09 AM
 
1,114 posts, read 2,348,885 times
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That and there's quite a market on Ebay. Since contractors can use them to discount time & material projects. 5k bathroom renovation material invoice that only costs them $4k in store credit/gift cards means fatter profits. It's also why they solicit hobos to shoplift & return w/o receipt (HD store credit looks identical to a gift card).

They've done a lot to catch the sketchiest offenders w/ analytics and ID required for non-receipted returns but I'd venture it still costs them hundreds of millions/yr.
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