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gift cards/ places going bankrupt
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Professional Poster
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Apr 28, 2008, 11:45 PM
 
FYI....

The following companies just filed for Bankruptcy:

Hollywood Video
Levitz
Sharper Image
Performance Team Freight
Linens n Things
Circuit City

If you have gift cards from the above list use them ASAP, they will not be valid for much longer.
     
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Apr 29, 2008, 12:14 AM
 
Hollywood went bankrupt? Holy cow...that's my store.

I guess I'd finally better hop onto Netflix.
     
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Apr 29, 2008, 02:28 AM
 
Sharper Image? Noooooooo....

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Apr 29, 2008, 03:49 AM
 
Originally Posted by brassplayersrock² View Post
FYI....

The following companies just filed for Bankruptcy:

Hollywood Video
Levitz
Sharper Image
Performance Team Freight
Linens n Things
Circuit City

If you have gift cards from the above list use them ASAP, they will not be valid for much longer.
link(s)?

I just did a google for hollywood video filing for bankruptcy and I can't find anything recent about it.
     
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Apr 29, 2008, 03:58 AM
 
Originally Posted by - - e r i k - - View Post
Sharper Image? Noooooooo....
Fair Game: Sharper Image eulogy
     
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Apr 29, 2008, 04:26 AM
 
Damn, I misunderstood the title for postcard companies that went bankrupt. I hate Hallmark
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Apr 29, 2008, 04:39 AM
 
Hollywood Video? Good riddance. I kept Austin Powers a week late and the fruitcakes wanted to charge me $100.
Chuck
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"Former child prodigy. Now I'm old."
     
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Apr 29, 2008, 04:55 AM
 
They should charge you $100 to teach you a lesson for renting Austin Powers.
     
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Apr 29, 2008, 07:48 AM
 
Originally Posted by peeb View Post
Funniest thing since Engineers Guide to Cats. Thank you.

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Apr 29, 2008, 07:49 AM
 
weird, circuit city just moved/expanded into a new marquee corner spot across street from best buy here. i bet that will piss off the plaza landlord. spend all that money to build a flagship corner spot, and the tenant goes belly up.
     
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Apr 29, 2008, 07:53 AM
 
If you used this link as your source then I suggest you look for a more accurate news outlet.

Levitz - filed for bankruptcy in 12/27/07
Linens n Things - has not filed
Circuit City - has not filed
     
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Apr 29, 2008, 08:25 AM
 
Sharper Image. I hope they go under quickly. I always considered them an overpriced gadget store, that often didn't actually carry anything interesting.

BTW, Sharper Image isn't accepting gift cards anyway.

Bankruptcy makes gift cards worthless -- Newsday.com

As for Linen & Things, I wonder what they'll do with their Canadian division, since the Canadian arm is actually very profitable.

EDIT:

It seems that Sharper Image is accepting gift cards again, with some restrictions:

The Sharper Image - Gift Certificates & Gift Cards
     
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Apr 29, 2008, 08:38 AM
 
Originally Posted by PB2K View Post
Damn, I misunderstood the title for postcard companies that went bankrupt. I hate Hallmark
I hear that. I was gonna come in here and start high-fiving people about it.

As for the sharper image, I wouldn't have been surprised if this happened 10 years ago.
     
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Apr 29, 2008, 08:42 AM
 
Originally Posted by Eug View Post
Sharper Image. I hope they go under quickly. I always considered them an overpriced gadget store, that often didn't actually carry anything interesting.
I agree whole heartedly. I found that the products they sold could be had on the net or somewhere else a lot cheaper then what they were selling them for. I think their claim to fame the past few years was that ionic air cleaner. Even that was over priced but it was quite a fad for a while.

To be sure the current economic downturn and increased inflation is going to hit retailers hard. With gas projected to be at 4 dollars a gallon here in the US, (its floating around 3.5 now where I live) I like many other people are curtailing our shopping sprees and cutting back the times we go to a restaurant.
     
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Apr 29, 2008, 08:49 AM
 
Originally Posted by MacosNerd View Post
To be sure the current economic downturn and increased inflation is going to hit retailers hard. With gas projected to be at 4 dollars a gallon here in the US, (its floating around 3.5 now where I live) I like many other people are curtailing our shopping sprees and cutting back the times we go to a restaurant.
I saw gasoline listed briefly for $4.01 per gallon for regular unleaded when I was Miami last week (although a few days later I saw it for about 10% less at some places).

Mind you, up here in Toronto, it's $4.63 per US gallon.
     
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Apr 29, 2008, 09:06 AM
 
I know, in other countries it can and is higher.

The specific issue with the US (I have no idea about other countries) is that it has been steadily going up, so instead of having a stable gas price, more and more of my discretionary income has to go towards filling up my tank and now buying more expensive food. That means less in my pocket for other things, so going back to the original thesis, the US economy is having problems in part because of this.
     
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Apr 29, 2008, 09:13 AM
 
Originally Posted by MacosNerd View Post
I know, in other countries it can and is higher.

The specific issue with the US (I have no idea about other countries) is that it has been steadily going up, so instead of having a stable gas price, more and more of my discretionary income has to go towards filling up my tank and now buying more expensive food. That means less in my pocket for other things, so going back to the original thesis, the US economy is having problems in part because of this.
It has been steadily going up in most places, not just the US.
     
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Apr 29, 2008, 10:13 AM
 
a gallon of gas is 10 US$ in the Netherlands

BUT I DON'T MIND !!!! THEY BUILD RUNDABOUTS AND SPEEDBUMPS, THEY PAY THE UNEMPLOYED !!!
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Apr 29, 2008, 11:16 AM
 
Circuit City? Really? That would unfortunate.
     
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Apr 29, 2008, 05:16 PM
 
Originally Posted by ort888 View Post
Circuit City? Really? That would unfortunate.
It seems the OP hasn't come back to post a link confirming anything. I can't find anything about CC filing for bankruptcy this week. They are up 11.67% on their stocks this year... that doesn't seem normal for a bankrupt company to me.