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|WANTED AUSTIN: Bring Us Your Goofiest, Tackiest, or Otherwise Unwanted Holiday Gifts in Exchange for a $100 WaMu MasterCard(R) Gift Card|
--(BUSINESS WIRE)--WaMu (NYSE:WM):
WHAT: WaMu is helping to break the cycle of bad gift giving this holiday season by inviting Austin residents to exchange the worst holiday gift they've ever received -- think blinking reindeer sweater, a talking scale and stale fruitcake -- for the nicest gift, a $100 WaMu MasterCard(R) Gift Card. The first 100 Austinites to show up at WaMu's Northland Branch with their worst holiday gift will receive a gift card. Unlike a merchant's gift card, the WaMu gift card can be used anywhere in the U.S. where MasterCard(R) debit cards are accepted. WHEN: FRIDAY, December 21st Beginning at 7 a.m. (crowd will begin forming by 6 a.m.) WHERE: WaMu 3317 Northland Drive Austin, 78731 WHY: GREAT VISUAL -- A long line of people, waiting to exchange their craziest unwanted gifts, for a $100 Washington Mutual MasterCard(R) Gift Card. GREAT STORIES -- Find out the story behind the gifts that people receive; you're guaranteed not to be disappointed. THE STATS -- According to the National Retail Federation, this holiday season, retailers can expect to see a surge in gift card sales. The fifth annual gift card survey found that gift card sales will total $26.3 billion this holiday season. This marks a significant increase over 2006 sales with gift cards sales accounting for $24.8 billion. The study also notes that the average consumers will spend $122.59 on gift cards this year vs. $116.51 in 2006. (NOTE: "Gift Card Sales More Popular Than Ever". National Retail Federation News Release, November 13, 2007).
CONTACT: WaMu Missy Latham, 713-594-9332 SOURCE: WaMu