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Saturday, 30 August 2008
 
 

Gift Cards - 4 Reasons Why Retailers Should Honor Gift Cards During Bankruptcy

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Gift Cards - 4 Reasons Why Retailers Should Honor Gift Cards During Bankruptcy

What happens to gift cards when a company files for bankruptcy? The recent bankruptcies of Linens 'n Things, The Sharper Image, and Bombay Company have brought the issue of gift card redemption during bankruptcy to the forefront. With the economic situation expected to worsen in 2008, more retailers are likely to file for bankruptcy, and as expected, consumers with gift cards will be affected.
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