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Legal Store Closings
Subject: Store Closings :eek:
According to Snopes.com (the 'myth buster' site) this info appears as "partly true" But the info does appear correct that a store can still sell gift cards even if it's filed for bankruptcy, and also doesn't have to honor the gift cards, which is a bit disturbing.... :shrug01: 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 'Bankrupcy Planning). Below is a partial list of stores that you need to be cautious about. Pier One - closing some selected stores 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 owne d 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 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 stor~s K B Toys closing 356 stores Loews to close down some stores Dillard's to close some stores :hehehe: JIM :hehehe: |
Do what I did recently for a friends wedding.
Went to my bank (Wachovia) and bought a Visa/Debit card:thumbsup: Can use it anywhere and unless the economy completely tanks and the banks close...it's still worth something:thumbsup: Thanks for the heads up Jim:thumbsup: |
Heck, just give people the *universal* gift card -> CASH!
Seriously, it's pretty sobering to see so many store closures and think about what that all implies. A LOT of people are going to be out of work, which means they aren't spending money either, which most certainly will affect other stores as well. OK, Obama, you wanted to be president. Here's the hot potato.......... |
Disney? Closing stores? That's odd. I work at WDW and attendance is actually up a bit reguardless of the economy.
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The world is going to sh!t in a hand basket if something does not change soon!!
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