Think about what gift cards you give this season

[Big A]

Well i got this FWD email today. Some of the closing i have been told about some i have not. Just trying to warn people to watch out where they get gift cards at this year. Here is the email.

[SIZE=4]Here's a heads up, if you are planning 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, come January 1st. 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[/SIZE][SIZE=3].

[/SIZE][SIZE=4]
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 Sun Wear (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
Zale's 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 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 stores
KB Toys closing 356 stores
Loews to close down some stores[/SIZE]
[SIZE=4]Dillard's to close some stores[/SIZE][SIZE=3] [/SIZE]

[montecristo#2]

This happened at Sharper Image. A couple of months before they went out of business, they stopped taking their own gift cards.

I would not want to be working behind the counter and have to tell a customer a gift card would not be accepted. Must have sucked for their employees who were losing their jobs anyway.

[ucla695]

Great reminder! It would suck to receive something that's no longer valid. I think that some of the retailers like Gap, Home Depot and Macys are safe to buy gift cards from since they're only closing some stores. That is, unless your recipient doesn't live in an urban/suburban are where there are tons of locations.

[Big A]

Originally Posted by montecristo#2

This happened at Sharper Image. A couple of months before they went out of business, they stopped taking their own gift cards.

I would not want to be working behind the counter and have to tell a customer a gift card would not be accepted. Must have sucked for their employees who were losing their jobs anyway.

I could not even believe having to do that. If i worked there i would leave as soon as they asked me to do that. I went shopping in the afternoon of blackfriday and all i can say is wow. people are ruthless.

Originally Posted by ucla695

Great reminder! It would suck to receive something that's no longer valid. I think that some of the retailers like Gap, Home Depot and Macys are safe to buy gift cards from since they're only closing some stores. That is, unless your recipient doesn't live in an urban/suburban are where there are tons of locations.

Yes i agree with that, just check the areas is all. But i had no idea about some of them and was very shocked when i saw this.