Linens N Things has filed for bankruptcy and is closing 120 stores.
Gift Cards will be worthless-
"Brian Riley, senior analyst at research firm The TowerGroup, estimates the filing will freeze about $42 million in consumer gift cards, affecting about 400,000 customers. While consumers may think of the gift cards as cash, the bankruptcy court considers gift cards as debt, and therefore holders are not necessarily going to get paid."
Say WHAT?
I see the point, but that doesn't seem fair at all.
You know, I've never been in one of their stores - not even the one in Utica that's on the closing list.
I'm sure Bed Bath & Beyond will get all their customers.
I've never been in one of those stores either. lol.
![StumbleUpon.com](http://cdn.stumble-upon.com/images/badgeStumble.png)