Last Year’s Christmas Gift May Make You A “Grinch”
That gift card you got for your hard-to-shop-for-sister, may be a worthless piece of plastic.
Gift cards have been touted as a way to give a thoughtful gift that is less likely to be returned for a refund, because the recipient can go to the store and pick out their tangible gift, for themselves.
But, with the slumping economy and with retails stores filing for bankruptcy or going out of business, completely, those thoughtful pieces of plastic you gave to your friends and family could make that gift card impossible to use.
Right now, there are more than $75 million worth of gift cards floating around waiting to get spent. If it’s a Sharper Image gift card, it’s already worthless, since they filed Chapter 11 bankruptcy.
Never fear, all is not lost. Even though some companies that offer gift cards are closing brick-and-mortar locations, it’s possible that you can still spend your gift on the internet. You better act fact before it’s too late.
As for those of you who thought that giving a gift card was an “easy way out” of getting a thoughtful gift from your heart, let this be a lesson to you: just give cold-hard cash, instead.
