Americans Give $13 Billion In Unwanted Gifts Annually

Polite people who are presented with a gift they don’t want say things like “It’s the thought that counts,” but a new survey has counted the dollar value of these clunker presents. Americans give $13 billion in unwanted gifts each year, according to a study by finder.com, Retailers should be concerned, since misfit toys and ugly sweaters can lead to a large number of expensive returns.

More than half (56%) of Americans receive at least one unwanted gift during the…