A Look at the FTC's Action Regarding Kmart Gift Card Sales Practices
Michele Singletary writes about the recent FTC action taken against Kmart regarding some of its practices regarding fees on Kmart gift cards (reported earlier here). "The FTC alleged that Kmart, a subsidiary of Sears Holding, told consumers that its gift cards never expired. However, the agency claims the retailer didn't clearly inform customers that a $2.10 monthly fee kicked in retroactively if a gift card went unused for two years."
