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 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 stores
K B Toys closing 356 stores
Lowe’s to close down some stores
Dillard’s to close some stores
Please pass on!
Wow Savage, our retail economy will look totally differnt after all this is done.
It shocked the hell out of me.
It’s really sad, all those people losing work will make things worse.
There is a bright and sad spot in this story, no Casino’s or liquor stores are closing.
#4, Song and Dance Man.
As a lady (and one who doesn’t drink or gamble), I have to tell you, I’m dismayed to see some of those closings.
I like home decor shops such as “Linens N Things.” It will be sad to see jewelry stores and clothing stores close, too.
There is a bright and sad spot in this story, no Casino’s or liquor stores are closing.
Not exactly true. Go to Las Vegas sometime and see all the casinos out there. Huge parking lots with maybe 20 to 30 cars in them when a year or so ago the lots were packed. Casinos aren’t doing so hot either.
Would the picture look the same if the US had not poured all them billions into shitholes like Egypt, Pakistan, Afghanistan Iraq.
Looks the OBL,s plan B is right on schedule
what is Ossama Bin Laden’s plan B?
Avid,
Ossma’s Plan B was to collapse the US economy. Thanks to Bush’s stupid Corporatist policies it has worked.