NEWS FLASH: Stores closing

Linens 'n' Things in the United States and Canada has gone bankrupt as you probably know. Today on the news, Circuit City is on the verge of bankruptcy, they own Best Buy, the Source and Future Shop.

With Christmas coming beware of any purchases at any of these stores especially gift cards, you may lose all your money, like a lot did with the SAAN store gift cards etc.

FYI. Before you do any holiday shopping, or get stuck with any unused or not honorable gift cards, take a look at the list below. Keep these stores in mind, you wouldn't want to purchase a gift card for someone that won't be able to use it!! If you have any "gift cards" from these stores, make sure you use them, or you will lose them !

Watch those store money cards and gift cards... and credit slips!

Stores that informed the Security Exchange of closing plans between October 2008 and January 2009.

Ann Taylor- 117 stores nationwide are to be shuttered
Bombay closing remaining stores
Cache will close all stores
Circuit City stores... most recent
Dell closing 140 stores
Dillard's to close some stores
Disney closing 98 stores and will close more after January.
Eddie Bauer to close stores 27 stores and more after January
Ethan Allen closing down 12 stores.
Footlocker closing 140 stores more to close after January
GAP closing 85 stores
Home Depot closing 15 stores 1 in NJ (New Brunswick)
J. Jill closing all stores
JC Penney closing a number of stores after January
K B Toys closing 356 stores
Lane Bryant, Fashion Bug, and Catherine's to close 150 store nationwide
Levitz closing down remaining stores
Linens and Things closing all stores
Lowes to close down some stores
Macys to close 9 stores after January
Movie Galley Closing all stores
Pacific Sunware closing stores
Pep Boys Closing 33 stores
Piercing Pagoda closing all stores
Pier 1 Imports closing 25 stores
Sharper Image closing down all stores
Sprint/Nextel closing 133 stores
Talbots closing down all stores
Whitehall closing all stores
Wickes Furniture closing down
Wilson Leather closing down all stores
Zales closing down 82 stores and 105 after January

Read the news here!