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Mervyn's files for bankruptcy protection – Will honor existing gift cards

Mervyn’s department store has filed for chapter 11 bankruptcy protection. Mervyn’s stores will remain open and business will continue as the company goes through the bankruptcy process. According to this story from MarketWatch.com, the company has received approval from the bankruptcy court to continue to honor outstanding gift cards and loyalty programs.

Mervyn’s now joins a growing list of retailers that have filed for bankruptcy this year, including well known companies like Steve & Barry’s, Linens ‘n Things and Sharper Image. If you currently have a Mervyn’s gift card, NOW is the time to use it or lose it.

I expect more retailers to file for bankruptcy in the coming months considering the worsening economic situation. If you have received a gift card you don’t want or can’t use, you can sell it for cash at our sister website GiftCardRescue.com or exchange it for another card of your choice. You can choose from a list of over 30 popular gift cards including merchants like Home Depot, Target, Abercrombie & Fitch, Macy’s, New York & Company and Best Buy.

Stay tuned for updates on Mervyn’s bankruptcy situation and any changes to their gift card redemption policy.

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8 Comments

  1. I purchased a gift card from mervyns for the amount of 50.00. To my understanding I am able to exchange or get my full refund. please advise me in how t his progress works. thank you

  2. Irene Smith

    I also have a mervyns store credit in a card form and would like to know if I can switch it to another store.

  3. Maria

    I have about $100.00 worth of mervyns gift cards and was wondering if i can switch them to another store.

  4. patri

    I have a mervyns gift card for the amount of 40.00 and was wondering if i can switch to another store

  5. I have a gift card that I had from mervyns and cant exchange what do I do??

  6. Toby Shawn

    I have a mervyn’s gift card with $20 and want to know if it can be used in another store if it can be switched to a different gift card?

  7. Amber Ritch

    I have a 50.00 gift card to Mervyns where can i use it?

  8. Thanks a bunch for sharing this with all of us you really know what you are talking about! Bookmarked. Kindly also visit my website =). We could have a link exchange agreement between us!

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