Let me tell you, Home Eccers…I love you all equally, but some are a little more “equal” than others. One of those Home Eccers I love a little more equally is the fabulous Jay of Triple Venti. He writes in today to give us this important piece of information:
I thought this might be worthy of a follow up.
Remember this post?
Well, as I worried back then, Linens n Things is now bankrupt, liquidating and those with Gift Cards are out of luck.
It might be a good time to reinforce this lesson again since so many people now buy gift cards during the holidays.
With the economy in rough shape, you have better be darn sure that the store you buy that GIft Card from is still going to be around in January (at least).
There are plenty of “dead lists” going around of guessing who might be heading towards bankruptcy court by the time the holidays are over.
Personally, I wouldn’t buy a card from:
Circuit City (they are already chapter 11, and showing no signs they can get out of this)
KMart – I hate to say this, but the stores near me at least have been devoid of both customers and stock. No stock at Christmas? How can they possibly survive?
I’m sure there are others as well.
Yup. I have to say, with today’s economy, people that I would normally give gift cards to, I’m giving cash to. You never know what a person’s financial situation is like, and instead of my usual “giving the gift of shopping,” I’ll be “giving the gift of doing whatever you want with this money.” You might be surprised at who’s struggling to pay their water bill.
Keep it in mind, Home Eccers.