GIFT CARDS AND STORES CLOSING DOWN

Some are just closing stores and not going bankrupt altogether.
Anyway, just in case anyone was planning to buy giftcards for the season, Consumer Reports says that cash is better this year - or maybe the VISA giftcards?


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

Loews to close down some stores

Dillard's to close some stores