Companies going bankrupt?

AttarahJ Posted: May 02, 2008 01:25 PM

Companies going bankrupt?

Got this in an email, not sure how true it is.

> F - Y - I - (the beginning of things to come)
>
> 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.
>
> PASS THE WORD.

I had heard of some of these companies were having trouble.
So the President, thinks those little checks he is sending is to, stir up the economy, Ha! With gas prices up the wahzoo, people can't go and buy anything. And those little checks, most people are going to pay their credit cards, camps or even use for gas to get to work and back. Also, the companies have to pay for gas, (diesel! at that) to get the products to the consumers, who can't afford to go to start to get them! The 10% that are wealthy, can not run the trucks, businesses, school buses, restaurants or anything that requires gas and money to continue the movement of cities, towns etc. The basics is what the majority are looking at. Selling, buying is the natural way of moving and living for each other. So each of us can live and enjoy life.
....Sorry for the 'going on'....
This President has put this youngest and powerful nation on its knees and now has to, needs to get up to regroup, repair, relearn for it's own survival and love of its people and country.

lillprincess54 Posted: May 02, 2008 01:27 PM

Re: Companies going bankrupt?

BBB is not going bankrupt it was just a rumor

PegaLega Posted: May 02, 2008 01:29 PM

Re: Companies going bankrupt?

Posted by lillprincess54

BBB is not going bankrupt it was just a rumor

I was just thinking the same thing

B22 Posted: May 02, 2008 01:29 PM

Re: Companies going bankrupt?

I got this in an email

I can't believe BBB would go bankrupt though...

DO you know the validity of this?

MeNBobs Posted: May 02, 2008 01:32 PM

Re: Companies going bankrupt?

Posted by carolinep24

DO you know the validity of this?

It is partly true....

SNOPES

MJDoc12 Posted: May 02, 2008 01:33 PM

Re: Companies going bankrupt?

i checked it on snopes.com -- its been a popular email that they determine as 'partyly true'

Snopes

MeNBobs Posted: May 02, 2008 01:34 PM

Re: Companies going bankrupt?

Posted by MJDoc12

i checked it on snopes.com -- its been a popular email that they determine as 'partyly true'

Snopes

slow poke hahah

ligirlz Posted: May 02, 2008 01:34 PM

Re: Companies going bankrupt?

I haven't heard anything about BBB so i hope it is just a rumor. I heard of the others especially Circuit City. My sis works for them and they closed the commack store - no warning at all. Just gathered employess at a meeting after work and said this store is closed effective immediately. Now my sis is looking out of retail becasue she fears the other stores will follow without notice.

PreshusSmurf Posted: May 02, 2008 01:34 PM

Re: Companies going bankrupt?

Posted by carolinep24

I got this in an email

I can't believe BBB would go bankrupt though...

DO you know the validity of this?

Someone added BBB to the list ... that one I don't think is true.

The rest might be though ...

KandR419 Posted: May 02, 2008 01:36 PM

Re: Companies going bankrupt?

I had heard about this with Sharper Image, and at first they weren't accepting gift cards at all. Now I heard they changed that and they are taking them, but there are certain conditions that apply - I want to say you had to spend a certain amount to use it, but I might be wrong.

B22 Posted: May 02, 2008 01:38 PM

Re: Companies going bankrupt?

does anyone know about fortunoffs?

I have a 100 gift card I got for my shower that I have yet to use..

bonitachyc Posted: May 02, 2008 01:39 PM

Re: Companies going bankrupt?

according to snopes Linens n things filed for bankruptcy today!!! nooooooo

ligirlz Posted: May 02, 2008 01:40 PM

Re: Companies going bankrupt?

Posted by bonitachyc

according to snopes Linens n things filed for bankruptcy today!!! nooooooo

Yep i just read that online on one of the news sites. They are filing for protection.

bonitachyc Posted: May 02, 2008 01:42 PM

Re: Companies going bankrupt?

more linky on LNT bankruptcy today i love that store!

AttarahJ Posted: May 02, 2008 01:45 PM

Re: Companies going bankrupt?

I didnt mean to be the bearer of bad news. I got it in an email a little while ago and thought you ladies may find it to be useful informtion, as long as it was true. I passed it on to some friends and family eps friends I know who are getting married and have registries or gift cards.

GraceAndAdam Posted: May 02, 2008 01:45 PM

Re: Companies going bankrupt?

the Levitz and LNT in my town closed recently.

SusiBtoM Posted: May 02, 2008 01:48 PM

Re: Companies going bankrupt?

They are all just filing for reorganization of debt, not that they are closing down completely.
There are two types of bankruptcies.

Caroline, Fortunoff is still taking their gift cards. I went shopping a few weeks ago, and while the shelves are kind of empty, you can still use the card.

bonitachyc Posted: May 02, 2008 01:53 PM

Re: Companies going bankrupt?

Posted by AttarahJ

I didnt mean to be the bearer of bad news. I got it in an email a little while ago and thought you ladies may find it to be useful informtion, as long as it was true. I passed it on to some friends and family eps friends I know who are getting married and have registries or gift cards.

thank you for posting it though! it's good to know especially if you have gift cards for one of those stores, you don't want to sit on them and then have a 'sharper image' situation happen!