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Colleen McCarthy
Kwittken & Co. for HomeGoods
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National Survey Reveals Majority of Americans are Holiday Re-Gifters

Off-Price Retailer HomeGoods Uncovers the Cycle of Re-Gifting

FRAMINGHAM, MA, NOVEMBER 17, 2011 /PRNewswire/ — Re-gifters beware – the jig is up. Before re-wrapping that dud gift from last holiday season, consider this: 65% of Americans suspect they’ve been the recipients of a re-gift. According to a recent study for national off-price home fashions retailer HomeGoods, holiday re-gifting is a common practice. In fact, more than half (54%) of respondents have re-gifted a present at least once, and more than one-third (36%) are repeat offenders.

In a world of designer-imposter perfumes and shrinking holiday budgets it’s easy to understand the reasons for a re-gift. More than one-third (35%) of re-gifters confess to ditching a rejected gift because they just didn’t like it, another 35% cited a duplicate gift as the reason and nearly a quarter (24%) didn’t have money.

As the Official Gift-Giving Store HomeGoods will help holiday shoppers keep the happy in the holidays by offering unique one-of-a-kind gifts, global treasures, and designer brands at prices up to 60% less than department and specialty stores. Shoppers will be delighted knowing they are staying on budget and avoiding the re-gifting cycle when choosing from the stores’ wide variety of high-quality décor items and seasonal gifts.

The Re-Gifting Cycle
They say it’s better to give than receive, and the best gifts keep the recipients’ interests in mind and include a personal touch. That’s why the majority (63%) of re-gifters confessed to passing along cast-offs because they thought someone else would appreciate the gift more, all creating the “re-gifting cycle.”

Re-Gifting Cycle Culprits:
When it comes to identifying a major source responsible for those re-gifted items, it seems those innocent and friendly gift exchanges like “Yankee Swap” and “Secret Santa” are to blame. Nearly half (42%) surveyed received a gift that wasn’t their style or that they couldn’t use, and a third (31%) suspected a re-gift. Whether guilty or not, it turns out nearly half (46%) of suspected re-gifts come from co-workers (25%) and friends (21%).

Re-Gifting Cycle Remedies:

Receiving a re-gift may be unavoidable but there are ways to minimize personal contributions to the re-gifting cycle with a few tips from HomeGoods.

Finally, when faced with gift-giving quandaries simply ask the recipient what they would like. While it may seem impersonal the majority of gift recipients will actually appreciate the time taken to ask and actual gift even more.

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About HomeGoods:
HomeGoods offers an exciting ever-changing selection of high-quality home fashions at prices up to 60% less than department and specialty stores, every day. HomeGoods provides consumers with unbeatable values on brand name and designer merchandise and unique finds for every room, in every style. With over 370 stores across the country, HomeGoods is owned by the world’s largest off-price retailer, The TJX Companies, Inc. For store locations, please visit www.homegoods.com and www.tjx.com. Find HomeGoods on Twitter and Facebook.

Methodological Notes:
The HomeGoods Survey was conducted by Wakefield Research (www.wakefieldresearch.com) among 1,008 adult Americans, ages 18 and older, between October 7th and October 14th, 2011, using an email invitation and an online survey. Quotas were set to ensure reliable and accurate representation of the U.S. Adult population 18 and older. The chances are 95 in 100 that a survey result does not vary, plus (+) or minus (-), by more than 3.1 percentage points.

Snow Globe to benefit St. Jude. http://www.homegoods.com/stjudepress/
Snow Globe to benefit St. Jude. http://www.homegoods.com/stjudepress/
Chunky Knit Throws - $39.99 - compare at $50
Chunky Knit Throws - $39.99 - compare at $50
Mini Espresso Maker - $9.99  - compare at $16
Mini Espresso Maker - $9.99 - compare at $16
Fine Chocolates in Deorative Tins from England - $7.99 - $14.99 - compare at $10-$20
Fine Chocolates in Deorative Tins from England - $7.99 - $14.99 - compare at $10-$20
Hand-Crafted Decorative Boxes - $12.99 - compare at $18
Hand-Crafted Decorative Boxes - $12.99 - compare at $18

Related Links

www.homegoods.com/press-room-product-images
www.homegoods.com/holidayhappiness
www.homegoods.com/stjudepress

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