Planning on buying GIFT CARDS?

[Mister Ed]

Before you go out to buy Gift Cards for Christmas gifts, keep in mind that some stores may be out of business, rendering your Gift Card worthless or not easily redeemable - check out the list below:

Latest Casualty Count


11-16-8




Watchout for these store money cards and gift cards...and credit slips.


Stores that informed the Security Exchange of closing plans between October 2008 and January 2009....




Circuit City stores... most recent (how many?)

Ann Taylor - 117 stores nationwide are to be shuttered

Lane Bryant,, Fashion Bug, and Catherine's to close 150 store nationwide

Eddie Bauer to close stores 27 stores and more after January

Cache will close all stores

Talbots closing down all stores

J. Jill closing all stores

GAP closing 85 stores

Footlocker closing 140 stores more to close after January

Wickes Furniture closing down

Levitz closing down remaining stores

Bombay
closing remaining stores

Zales closing down 82 stores and 105 after January.

Whitehall
closing all stores

Piercing Pagoda closing all stores

Disney closing 98 stores and more after January.

Home Depot closing 15 stores 1 in NJ ( New Brunswick )

Macys to close 9 stores after January

Linens and Things closing all stores

Movie Gallery Closing all stores

Pacific Sunware closing stores

Pep Boys Closing 33 stores

Sprint/ Nextel closing 133 stores

JC Penney closing a number of stores after January

Ethan Allen closing down 12 stores.

Wilson Leather closing down all stores

Sharper Image closing down all stores

K B Toys closing 356 stores

LOWES to close down some stores

Dillard's to close some stores.







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[DaJudge]

Most of those stores aren't going completely out of business, they are just shutting down some local locations. But you are right, it would be a pain to get a gift card and have to drive to a different state to use it!

[MacUser]

Wally World's is strong!

[dolfan]

Not Sharper Image!!!! Man. I LOVE that store.

[Full Quiver]

keep the receipts

[rjjunior]

Check the reliability of this post. It smells like e-mail/blog chain info. There is no such thing as the "security exchange." (Security and Exchange Commission? which doesn't keep track of store closures) Some of these are true, but I'm not so sure about all of them.

[Shellie]

http://www.snopes.com/politics/business/storeclosings.asp

[dbserv]

keep the receipts

Receipts don't matter at all if the company files Chapter 7 bankruptcy.

The secured creditors get paid first. If there is anything left after that, then there is a formula for who gets paid and how much.


I have a feeling that someone holding a receipt for a gift card would probably by lucky to get a penny on the dollar.

If the gift card is high enough to make that worthwhile keeping track of and "fighting" for, then go for it.


Most likely, it really isn't worth the paper it's printed on.

[Mister Ed]

I got the info I posted from an e-mail forward I received. Just thought I would pass it on for what it's worth.

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