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UPDATE: LINENS AND THINGS MAY Close ALL STORES!! Gift Cards, returns, Read Post! in: Home, Auto & PetsHome & Garden

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NEWS STORY


use up gift cards, make your returns by 10/14 in case they are no longer honored once bankruptcy-GOB sales start


note, the story in the press has been changing since first published in NJ papers late afternoon on 10/7/08. While there's hope a buyer can be found, it should also be noted a date has been set to start bankruptcy/going out of business sales as of 10/14. At that time, returns and gift cards may no longer be honored as is the case in liquidation sales so often!So this is a 'heads up' post to everyone with merchandise to return or gift cards to spend at LNT

Edit by Moderator: Thank you for your participation. Please note that there is also discussion about this topic Here.

Message edited by: FatWallet moderator on 2008-10-07 23:10:54 CDT

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.


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hope those LNT Rebates get honored. (most of mine have already)

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Man…whenever I enjoy/happy dealing with a business it gets closed down…

Wamu was great but took over by chase
LNT was great but going bankrupt
CC is great but will be gone soon

Next in my list are Staples, CVS , Amazon and Costco. Hope they will stick around.

Message edited by: fwbargain on 2008-10-07 16:34:35 CDT
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Unreal....I was just looking at a gift card from there on eBay

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Thanks for the advisory - I have a couple of gift cards to use.

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fwbargain said:Man…whenever I enjoy/happy dealing with a business it gets closed down…

Wamu was great but took over by chase
LNT was great but going bankrupt
CC is great but will be gone soon

Next in my list are Staples, CVS , Amazon and Costco. Hope they will stick around.

OK, for MY sake, stop shopping at Sam's Club, Newegg, Monoprice, Sears, & Borders.

I'm just sayin'

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Hope Amazon goes next. F'ers closed my account for no reason and won't return my gift card credit I had in my account. Any good lawyers here?

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may want to post in finance forum for a little more help

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MISTERCHEAP said:NEWS STORY


use up gift cards, make your returns by 10/14 in case they are no longer honored once bankruptcy-GOB sales start

I beat you, this time, Mr. Cheap, by a few minutes! I posted this in Deal Discussion:

Link

Are you in Jersey, Mr. Cheap?

Message edited by: zhelder on 2008-10-07 16:46:59 CDT
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nomiee said:Hope Amazon goes next. F'ers closed my account for no reason and won't return my gift card credit I had in my account. Any good lawyers here?

I got a friend who's good. $570 per hour, accepts gift credit.

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zhelder said:MISTERCHEAP said:NEWS STORY


use up gift cards, make your returns by 10/14 in case they are no longer honored once bankruptcy-GOB sales start


I beat you, this time, Mr. Cheap, by a few minutes! I posted this in Deal Discussion:

Link

Are you in Jersey, Mr. Cheap?

actually, no, but LNT is headquartered there which is why this was one of the earliest/best news stories on the topic.

Sorry about the repost, only searched hot deals and didn't see this. Because SO MANY hot deals came from LNT over the years, I'm sure there's some folks holding gift cards, returns, etc and this seems "HOT" not to get stuck with a $50 gift card in 2 weeks.

Message edited by: MISTERCHEAP on 2008-10-07 16:52:27 CDT
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nomiee said:Hope Amazon goes next. F'ers closed my account for no reason and won't return my gift card credit I had in my account. Any good lawyers here?'

Hope not. They have the best customer service imo.

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fwbargain said:Man…whenever I enjoy/happy dealing with a business it gets closed down…

Wamu was great but took over by chase
LNT was great but going bankrupt
CC is great but will be gone soon

Next in my list are Staples, CVS , Amazon and Costco. Hope they will stick around.

Staples is pretty strong ,, OfficeMax is the one that will disappear and then the deals at Staples and OfficeDepot will disappear ... Amazon is profitable as are the wholesale clubs ..

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This has not been finalized yet!

The Clifton-based retailer today asked bankruptcy court for permission to auction off its remaining 371 stores on Oct. 14 and begin going-out-of-business sales two days later. A hearing on the auction request was scheduled for Friday.

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Article said:Although Linens has asked the court for permission to close all of its 371 remaining stores, that doesn't necessarily mean that will happen, the spokeswoman said.

Emphasis added.

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Wow, this is really getting bad.....

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Bed, Bath & Beyond's sales will probably pick up a little when LNT closes.

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momgoingbroke said:Bed, Bath & Beyond's sales will probably pick up a little when LNT closes.

so will their prices.

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axelfox said:Article said:Although Linens has asked the court for permission to close all of its 371 remaining stores, that doesn't necessarily mean that will happen, the spokeswoman said.

Emphasis added.

thats maybe the case, however, remember, this is second time in 6 months LNT has been through this. They may try to sell or spin off any profitable/excellent location stores to someone else. But personally, I'm not waiting til they make the final announcement to spend a $40 GC I have.

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