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FYI........regarding gift cards.....READ......

kellchkellch Member Posts: 7,891 Member Member Posts: 7,891 Member
Subject: Big stores expected to close before or right after Christmas


I just got this email this morning from my neighbor. Her fiance is a reporter for WYFF4. He sent this to her earlier. Just wanted to pass it on. If you get any gift cards for Christmas (especially from these stores) USE THEM IMMEDIATELY. If a store goes bankrupt and then goes into liquidation, they are not required to redeem gift cards. Just FYI...

Lindsay



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, but before Jan. 1st.





They are still going to sell the giftcards 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 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 sto res 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 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

-K B Toys closing 356 stores

-Lowe's to close down some stores

-Dillard's to close some stores

Working in the transportation industry I hear about alot of this stuff too. Because with stores closing, we have less freight to haul. This is true....I know about a lot of them already........So just an FYI people :smooched: :flowerforyou:

Replies

  • kellchkellch Member Posts: 7,891 Member Member Posts: 7,891 Member
    Subject: Big stores expected to close before or right after Christmas


    I just got this email this morning from my neighbor. Her fiance is a reporter for WYFF4. He sent this to her earlier. Just wanted to pass it on. If you get any gift cards for Christmas (especially from these stores) USE THEM IMMEDIATELY. If a store goes bankrupt and then goes into liquidation, they are not required to redeem gift cards. Just FYI...

    Lindsay



    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, but before Jan. 1st.





    They are still going to sell the giftcards 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 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 sto res 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 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

    -K B Toys closing 356 stores

    -Lowe's to close down some stores

    -Dillard's to close some stores

    Working in the transportation industry I hear about alot of this stuff too. Because with stores closing, we have less freight to haul. This is true....I know about a lot of them already........So just an FYI people :smooched: :flowerforyou:
  • mbb8682mbb8682 Member Posts: 262 Member Member Posts: 262 Member
    Thanks that is great information.
  • kellchkellch Member Posts: 7,891 Member Member Posts: 7,891 Member
    Scary, huh :ohwell:
  • Shannon023Shannon023 Member Posts: 14,577 Member Member Posts: 14,577 Member
  • kellchkellch Member Posts: 7,891 Member Member Posts: 7,891 Member
    :noway:

    Yup it's getting bad........But Shannon, we have a mission....we must keep all wine refineries in business.........don't buy giftcards......buy wine!!!!!!! :drinker: :drinker: :drinker: As long as I have my wine, I'm happy.....when we all lose our jobs and our houses we can camp out....down by the river near Max's van....and drink wine.....it'll be an MFP homeless shelter :drinker: :drinker: :laugh:
  • Shannon023Shannon023 Member Posts: 14,577 Member Member Posts: 14,577 Member
    :noway:

    Yup it's getting bad........But Shannon, we have a mission....we must keep all wine refineries in business.........don't buy giftcards......buy wine!!!!!!! :drinker: :drinker: :drinker: As long as I have my wine, I'm happy.....when we all lose our jobs and our houses we can camp out....down by the river near Max's van....and drink wine.....it'll be an MFP homeless shelter :drinker: :drinker: :laugh:

    The liquor stores by my house aren't going anywhere. :smokin:
  • kellchkellch Member Posts: 7,891 Member Member Posts: 7,891 Member
    :noway:

    Yup it's getting bad........But Shannon, we have a mission....we must keep all wine refineries in business.........don't buy giftcards......buy wine!!!!!!! :drinker: :drinker: :drinker: As long as I have my wine, I'm happy.....when we all lose our jobs and our houses we can camp out....down by the river near Max's van....and drink wine.....it'll be an MFP homeless shelter :drinker: :drinker: :laugh:

    The liquor stores by my house aren't going anywhere. :smokin:

    Mine neither :smokin: :bigsmile: :drinker:

    happy107.gif Everybody go buy some liquor!!! We can't let our liquor stores go out of business happy107.gif
  • LokiFaeLokiFae Member Posts: 774 Member Member Posts: 774 Member
    My mom said she heard this morning that Sears and Kmart are closing down next year too. Not as immediate, but it raises the question:

    WHERE WILL WE SHOP??????

    :smile:
  • kellchkellch Member Posts: 7,891 Member Member Posts: 7,891 Member
    Not much left........Walmart?:ohwell: My dad refuses to go there though because apparently they made a statement about putting everyone out of business and Walmart is where you will HAVE to go I don't know personally though :ohwell:
  • Anna_BananaAnna_Banana Member Posts: 2,958 Member Member Posts: 2,958 Member
    I heard that on the news yesterday. Pretty much need to use those gift cards as soon as you get them. If you are giving them. You may want to stick with Wal-Mart or Target. Or I know that some malls offer gift cards that are good for any store in the mall.
  • kellchkellch Member Posts: 7,891 Member Member Posts: 7,891 Member
    I love Target :drinker:
  • may_mariemay_marie Member Posts: 667 Member Member Posts: 667 Member
    * thinking of all the jobs lost and the empty commercial spaces...*
  • kellchkellch Member Posts: 7,891 Member Member Posts: 7,891 Member
    Tami and I came up with a commercial idea :bigsmile:

    See

    http://www.myfitnesspal.com/topics/show/30602-i-ve-fallen-and-i-can-t-get-up?page=3

    Page 3 and 4......whatcha think :bigsmile: :laugh: :smokin:
  • Phoenix_RisingPhoenix_Rising Member Posts: 11,519 Member Member Posts: 11,519 Member
    http://www.snopes.com/politics/business/bankruptcies.asp

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


    Check out snopes for info about gift cards and store closings. Partly true info, according to snopes.
  • mbb8682mbb8682 Member Posts: 262 Member Member Posts: 262 Member
    :noway:

    Yup it's getting bad........But Shannon, we have a mission....we must keep all wine refineries in business.........don't buy giftcards......buy wine!!!!!!! :drinker: :drinker: :drinker: As long as I have my wine, I'm happy.....when we all lose our jobs and our houses we can camp out....down by the river near Max's van....and drink wine.....it'll be an MFP homeless shelter :drinker: :drinker: :laugh:

    The liquor stores by my house aren't going anywhere. :smokin:

    I agree with you guys 100%. Have to have my wine:drinker:
    Mine neither :smokin: :bigsmile: :drinker:

    happy107.gif Everybody go buy some liquor!!! We can't let our liquor stores go out of business happy107.gif
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