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State-by-State Gift Card Laws

State-by-State Gift Card Laws

It is that time of the year when you hear a lot about gift cards and how they make such a great gift. But this year, the news surrounding gift cards has focused on retailer bankruptcies…

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…

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…

Circuit City Going out of Business?

Circuit City Going out of Business?

Folks – For those of you who have been reading this blog all year, you are probably familiar with the stories I have posted about Circuit City and the constant rumors about whether they are going…

Linens and Things Going out of Business

Linens and Things Going out of Business

Folks, the economic tsunami has taken down yet another retailer – Linens ‘n Things. As I reported in this piece back in April, Linens ‘n Things has been struggling under the weight of the economic downturn….

Bankruptcy & Gift Cards – State Attorney Generals can help

Bankruptcy & Gift Cards – State Attorney Generals can help

Today’s piece is a follow-up to this story I posted on June 18th about a local spa in Missouri – Spa 151 that went out of business, leaving gift card holders with worthless cards they could…

Logan’s Roadhouse to accept Bennigan’s and Steak and Ale Gift Cards

Logan’s Roadhouse to accept Bennigan’s and Steak and Ale Gift Cards

More good news for holders of bankrupt Bennigan’s and Steak & Ale Gift Cards. According to this story, Logan’s Roadhouse will begin accepting unused gift cards from Bennigan’s and Steak & Ale restaurants. This follows a…

Boscov's Department Store files for bankruptcy – Will still redeem gift cards

Boscov's Department Store files for bankruptcy – Will still redeem gift cards

Boscov’s Department Store, America’s largest family-owned independent department store, filed for chapter 11 bankruptcy protection on Monday, August 4th. According to this story from the Associated Press, the company blamed it’s current predicament on the current…

Texas Roadhouse to accept Bennigan's and Steak and Ale Gift Cards

Texas Roadhouse to accept Bennigan's and Steak and Ale Gift Cards

Finally, a bit of good news for holders of bankrupt Bennigan’s and Steak and Ale Gift Cards. Texas Roadhouse has announced that holders of Bennigan’s and Steak and Ale Gift Cards gift cards can bring them…

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

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…