Monday, November 24, 2008

Gift Card Alert

I 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 will 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 will be worthless January 1. There is
no law preventing them from doing this. On the contrary, it
is referred to as (Bankruptcy Planning). Below is a
partial list of stores that you need to be
cautious about.

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
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 mo re 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
Home Depot closing 15 stores 1 in NJ ( New Brunswick )
Macys to close 9 stores after January
Linens and Things closing all stores
Movie Galley Closing all 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 stor~s
K B Toys closing 356 stores
Loews to close down some stores
Dillard's to close some stores

This was sent to me by Gary O, I thought I would post it here as an up date to my Links from the Gregg Zone as a follow up to the Black Friday post. Gregg

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