MSN Home  |  My MSN  |  Hotmail
Sign in to Windows Live ID Web Search:   
go to MSNGroups 
Free Forum Hosting
 
Important Announcement Important Announcement
The MSN Groups service will close in February 2009. You can move your group to Multiply, MSN’s partner for online groups. Learn More
Sunshine and Rainbows[email protected] 
  
What's New
  
  Welcome  
  General  
  Pictures  
  Photo Club Page  
  Special Dates  
  MAILBOXES  
  Moni's Book  
  Jeni's Book  
  Grace's Book  
  Rosie's Book  
  Sylvia's Book  
  Toosh's Book  
  Siggies Piggies  
  Snag Share Page  
  Sunshine Bingo  
  Recipes  
  Crafts  
  Stories by Grace  
  Inspirational  
  Pics and Poems  
  Our Members  
  Tutorial Links  
  Misc. Site Links  
  Music Links  
  Links  
  Computer Q and A  
  
  
  Tools  
 
General : Bankruptcy
Choose another message board		  
     
Reply
 Message 1 of 5 in Discussion 
From: MSN NicknameHeidemarie10  (Original Message)Sent: 5/28/2008 9:07 PM
>> The following companies just filed for Bankruptcy:
>>
>> > Hollywood Video
>> > Levitz
>> > Sharper Image
>> > Performance Team Freight
>> > Linens n Things
>> > Circuit City
>> > Bed, Bath and Beyond
>>
>> If you have gift cards from the above list use them ASAP, they will not
>> be
>> valid for much longer.
>>
>> PASS THE WORD.


First  Previous  2-5 of 5  Next  Last 
Reply
 Message 2 of 5 in Discussion 
From: Grace*Sent: 5/29/2008 2:05 AM
...boy that's scary.    Possibly lots of jobs lost as well if they actually
close.  
 
Fortunately I don't have any gift cards.
 
Thanks for passing on the information Sylvia.   I really appreciate it.

Reply
 Message 3 of 5 in Discussion 
From: MSN NicknameHeidemarie10Sent: 5/29/2008 4:19 PM
I wonder too if they are going to close. I go shopping at bed and bath and circuit city, but no gift cards.

Reply
 Message 4 of 5 in Discussion 
From: Grace*Sent: 5/29/2008 4:23 PM
Yes,  I love both the Linen's store and the Bed/Bath.... they're pretty much the same, but
have some different things.    Not all bankruptcies end in closures.... hopefully some kind
of financial deal will be made to keep them open.   Closest ones are 45 minutes away so
I don't get to them.... no money to spend in them... and now no gas to spare for a leirsure
window-shopping type of trip.   Gotta make every gallon count these days...

Reply
 Message 5 of 5 in Discussion 
From: Grace*Sent: 5/30/2008 4:45 AM
I was just checking on a party plan company... and this was on their web site.
 
I thought it might also explain what's going on with the companies above...
and that maybe they too are simply "restructuring" in order to PREVENT closing down.
 
We shall see in time....
 
Here's part of what the company had to say.    (They intend to be "better" after getting
things fixed.)   I added the underlines below....
 

Home Interiors & Gifts , Inc. announced on  April 29 , 2008 , that it and certain of its subsidiaries filed voluntary petitions under Chapter 11 of  Title 11 of the United States Bankruptcy Code for the  Northern District of Texas (filing number 08-31961) in order to re-align the Company's business operations and restructure its debt. The Company intends to work with its constituencies to exit bankruptcy as expeditiously as possible, while executing on its reorganization plans.

Home Interiors' Mexican and Canadian subsidiaries as well as Domistyle, Inc. were not a part of the filing.

 


First  Previous  2-5 of 5  Next  Last 
Return to General