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Any truth to this?

Posted By Message

Smileyd17
kids

Member since 5/05

20997 total posts

Name:
Mommy

Any truth to this?

I rec'd an email stating:


The following companies just filed for Bankruptcy:

> Hollywood Video
> Levitz
> Sharper Image
> Performance Team Freight
> Linens n Things
> Circuit City
> Bed, Bath and Beyond

> If you have gift cards from the above list use them ASAP, they will not
be valid for much longer.


-I know about Levitz and let me tell you..HSBC-SCAMMERS! I had an issue with a .99 balance and they try to charge me $300! Chat Icon
Anywaysssssss

The others I didnt know of....
But BBB and Linen n Things and Circuit City
Chat Icon

Message edited 5/8/2008 10:46:57 AM.

Posted 5/8/08 10:46 AM
 
Long Island Weddings
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2BEANS
wow time is going fast.

Member since 9/07

16106 total posts

Name:
Tina

Re: Any truth to this?

my sil told me gap did too.

Posted 5/8/08 10:48 AM
 

headoverheels
s'il vous plaît

Member since 6/07

42079 total posts

Name:
LB

Re: Any truth to this?

i have heard all of those filed for chapter 11 except for BBB

Posted 5/8/08 10:48 AM
 

imas98
Love my Furbaby

Member since 10/07

1140 total posts

Name:

Re: Any truth to this?

I've been wondering the same thing....just keep forgetting to research it ! Chat Icon

Posted 5/8/08 10:48 AM
 

HoneyBadger
YourWorstNightmare.

Member since 10/06

15979 total posts

Name:
BahBahBlackJeep

Re: Any truth to this?

I knew about Lines n Things.

Posted 5/8/08 10:49 AM
 

TreAnt427
-

Member since 8/06

8652 total posts

Name:
Tracy

Re: Any truth to this?

I work part time at BBB and I certainly didn't hear anything!

Posted 5/8/08 10:50 AM
 

tourist

Member since 5/05

10425 total posts

Name:

Re: Any truth to this?

Sorta, but not completely,

Bed Bath & Beyond did not file for bancruptcy.

Details:

Snopes

In short-

> Hollywood Video-filed, closing some stores, no mention of gift cards
> Levitz-pretty much out of business
> Sharper Image-filed, taking gift cards, with restrictions
> Performance Team Freight???
> Linens n Things-filed, no mention of gift cards
> Circuit City-not filed, might sell
> Bed, Bath and Beyond -no known problems

Message edited 5/8/2008 10:55:07 AM.

Posted 5/8/08 10:50 AM
 

HeathKernandez
Our Ron is an awesome Ron

Member since 4/07

9091 total posts

Name:
baby fish mouth

Re: Any truth to this?

snopes says it is partly true

Posted 5/8/08 10:51 AM
 

nov04libride
big brother <3

Member since 5/05

14672 total posts

Name:
Me

Re: Any truth to this?

I had a gift card to Linens and Things, and though I received an email from them saying that just because they filled for Chapter 11 does not mean they are going out of business, i went to spend the card last weekend. the store was MUCH less well-stocked than before (this was not a store that was closing), and inventory looked minimal.

I was glad I spent my gc when I did.

Posted 5/8/08 10:58 AM
 

Mommy2Boys
My Boys!!!!

Member since 6/06

14437 total posts

Name:
C

Re: Any truth to this?

my sil told me gap did too



Really?

Posted 5/8/08 11:07 AM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Any truth to this?

Posted by nov04libride

I had a gift card to Linens and Things, and though I received an email from them saying that just because they filled for Chapter 11 does not mean they are going out of business, i went to spend the card last weekend. the store was MUCH less well-stocked than before (this was not a store that was closing), and inventory looked minimal.

I was glad I spent my gc when I did.



no one is shipping goods to them- they have no credit

so the chances of them getting new stuff in SLIM

Posted 5/8/08 11:16 AM
 

HeatherRose
Life is Good :)

Member since 11/07

6605 total posts

Name:

Re: Any truth to this?

I heard all but BBB. I don't believe this means all of these stores or locations will close though. Many companies just down size but remain in business, but some do close. As for sharper Image, I heard prior to their bankruptcy they were closing more then half of their stores nationwide, due to the economy, seeing that people only buy their gadgets when they have extra to spend, but this wont be the trend for a while.

that stinks though if the GC are not good anymore

Posted 5/8/08 11:16 AM
 
 

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