November, 2008 »

Gift Card Bankruptcy Protection Policy by GiftCardRescue.com

Gift Card Bankruptcy Protection Policy by GiftCardRescue.com

GiftCardRescue.com, a site for buying, selling and exchanging gift cards (and also publisher of this blog) has announced a bankruptcy protection policy that will cover gift cards purchased on the company’s website. GiftCardRescue.com will refund the remaining balance on a…

Tweeter to accept gift cards in bankruptcy till stores close

Tweeter to accept gift cards in bankruptcy till stores close

As you are probably aware, Tweeter, the electronics retailer is going out of business and closing all stores by the end of the year. As I reported earlier in this piece, the company had announced it was only…

Steve & Barry's going out of business – Will honor existing gift cards

Steve & Barry's going out of business – Will honor existing gift cards

Steve & Barry’s has thrown in the towel. The company will close all 173 of its remaining stores and liquidate about $250 million of merchandise. The company filed for Chapter 11 bankruptcy protection in July, 2008 hoping to…

Gift Card Deals for the Week – 11/23/08

Gift Card Deals for the Week – 11/23/08

Here are the top gift card deals for next week: Brookstone – Brookstone is offering gift card holders from other retailers 15% Off if they surrender their gift cards. So, if you currently have a gift card…

E-mail warning of gift card problems is misleading

E-mail warning of gift card problems is misleading

This email is widely circulating warning consumers about buying gift cards from a number of retailers, including Ann Taylor, Macy’s and The Home Depot because these companies are on the verge of bankruptcy. The list is…

Gift Cards and Bankruptcy Update – 11/17/2008

Gift Cards and Bankruptcy Update – 11/17/2008

Folks, I felt the need to provide a quick update on major retailers that have recently filed for bankruptcy and what that means for gift card holders. It is estimated that consumers will lose about $100…

Gift Card Deals for the Week – 11/16/08

Gift Card Deals for the Week – 11/16/08

Here are the top gift card deals for next week: The Home Depot is offering a free Prepaid MasterCard valued up to $600 with the purchase of 2 or more select Maytag appliances. Buy 2 qualifying products…

Circuit City Files for Bankruptcy

Circuit City Files for Bankruptcy

Folks, as predicted in my last posting regarding Circuit City, the company is filing for bankruptcy. I hope those of you who have a Circuit City gift card have used them. If you haven’t, your widow of…

Gift Card Deals for the Week – 11/6/08

Gift Card Deals for the Week – 11/6/08

Here are the top gift card deals for the week: Wal-Mart: Buy PS3, Get $100 Gift Card Wal-Mart is offering a free $100 gift card when you buy a 80GB PlayStation 3, which sells for $399. You can…