Holiday Gift Cards Be Careful

[MIKEMCKEE]

Wanted to give everyone a heads up that if you tend to give gift cards around the holidays, you need to be careful that the cards may not be honored after the holidays.



Stores that are planning to close after Christmas are still selling the cards through the holidays even though the cards may be worthless January 1.



Below is a partial list of stores that you need to be cautious about for both XMAS and new contracts! Some obviously more than others??.not a pretty sight.



Circuit City (filed Chapter 11)

Ann Taylor 117 stores nationwide closing

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

Eddie Bauer to close stores 27 stores and more after January

Cache will close all stores

Talbots closing down specialty stores

J. Jill closing all stores (owned by Talbots) Pacific Sunwear (also owned by Talbots)

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 will close more after January.

Home Depot closing 15 stores

Macys to close 9 stores after January

Linens and Things closing all stores

Movie Galley Closing all stores

Pep Boys Closing 33 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

Loews to close down some stores

Dillard's to close some stores

Shoe Pavillion closing all stores

Mervyns closing all stores

[WouldaShoulda]

Piercing Pagoda??

I just had a 70's mall flashback!!

[Joel73]

For what it's worth: snopes.com: Store Closings

[xort]

how much of this is due to internet based shopping?
The only stuff I buy at a store is clothes I need to try on, spur of the moment needs and food.
In the marine retail, I only buy from west if it's convienient. Most of my stuff, including all high priced stuff I buy from defender.

[painkiller]

I heard about this man that was travelling on business. He met a gorgeous woman in the hotel bar. They get to talking, one thing leads to another, etc etc. He wakes up the next morning in a bath tub full of ice. Next to him on a table is a phone and a note that says "call 911". They took his kidneys for an underground organ black market!!!!

So be careful everybody.

(PS: Don't eat Pop Rocks and drink soda at the same time. It killed Mikey from the Life cereal commercials)

[Joel73]

HA! Well unlike the kidney story, there is some truth to the gift card warning.

[WouldaShoulda]

Originally Posted by Joel73

HA! Well unlike the kidney story, there is some truth to the gift card warning.

Don't make me show you my scar!!

[sailingdog]

I think that photo would get you banned...

Originally Posted by WouldaShoulda

Don't make me show you my scar!!

[AjariBonten]

Hype aside, gift cards held by consumers when a retailer goes bankrupt are treated as un-secured debt by the bankruptcy court; and are essentially lost in the aether.

Cash, the gift that keeps on shrinking...........

[MeCaptainBinky]

Good information - it makes sense.