I found this link today. Basically, you use seasonal fabric to create drawstring wrapping for your gifts. I did this last year when the Christmas fabric went on sale. I have about 30 bags to use this year. They can be patched if torn and washed if spilled upon. As the seasons change, I have been making additional bags when the fabric is on sale. I have many birthday, wedding and other holiday bags. Of course the only bags I get back are family, but it is still cheaper than fancy paper, bags and tissue.
Since stores are starting to charge you for your plastic bags, I usually make my 'guest' bags open with handles & tissue. Here is the link: