Buyer Beware. If you plan on buying gift cards for the holidays, be careful. Some stores are going out of business and won’t be honoring those cards. 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
- 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
- Mervyns


December 2, 2008 at 5:01 am
Wow, that’s a crazy list! I guess cash is still king. You can’t charge cash quite as easily as a gift card, though. ;-D