Interesting Info.... Gift Cards

If it's true.....  If it's not true then pleace accept my apology...


I got this email from a friend so IF it's true, be careful...



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
the holidays 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.

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 stores more 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   
 

I too had gotten this same email...
I guess we will find out if it is true or not. 

I also got this and wondered about it, I will probably be on the safe side and give cash to the ones that I would have given gift cards to.

I got this email yesterday also and checked it out on snopes.com.  They said it was a mix of accurate, inaccurate, and outdated information.  Some of these stores have filed chapter 11 but they are not closing.  Some have already closed. Read the full story at Snopes.

I think I am just not going to buy any gift cards this year to play it safe!

JOHN

I'm going to stick with the VISA Gift Cards, they can be used any place VISA is accepted.