For Your Information About Gift Cards

I received this warning in my e-mail and thought I share it here so my readers will be aware of purchasing gift cards that is soon to be worhtless and give it to love ones as tons of stores still selling their gift cards eventhough they are closing out pretty soon. So before shopping for it make sure to scan all the stores in the list.

"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 27 stores and more after January
Cache will close all stores
Talbots closing 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 remaining stores
< st="on"> Bombay closing remaining stores
Zales closing 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
Pep Boys closing 33 stores
Sprint/Nextel closing 133 stores
JC Penney closing a number of stores after January
Ethan Allen closing 12 stores.
Wilson Leather c losing all stores
Sharper Image closing all stores
K B Toys closing 356 stores
Lowes to close some stores
Dillard's to close some stores