Holiday Gift Cards Beware

Jun 8, 2004
9
Irwin 37CC Regent Point
FYI - I came across this yesterday evening....

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
 

Ctskip

.
Sep 21, 2005
732
other 12 wet water
And to think , this may be but the tip to the iceberg. I'm sure more will be gone come summer. Most seem to be waiting for the buying season to be over and they'll consolidate and restructure under bankruptcy and resurface or close down entirely. I feel we haven't even begun to feel the impact of the downhill slide we are on. The bottom is still yet to be felt.

Keep it up,
Ctskip
 
Jun 30, 2004
446
Hunter 340 St Andrews Bay
Yes, please either send cash to me or direct credit to the HOW store here!
 

Bilbo

.
Aug 29, 2005
1,265
Catalina 22 Ohio
Yes, please either send cash to me or direct credit to the HOW store here!
Alas a fine observation. I'd also prefer the cash, if you please.

In this year of tumult...... relative to gift cards, it may be even more better to give than to receive if one doesn't rush out and use the received card immediately.