Bankruptcy makes gift cards worthless at Eastern Shore Center store

On Tuesday, February 19, 2008, The Sharper Image commenced a case under chapter 11 of the Bankruptcy Code.

The company intends to continue to conduct business as usual while it devotes renewed efforts to resolve its operational and liquidity problems and develops a reorganization plan.

The Sharper Image is suspending the acceptance of Gift Cards, Reward Cards, Gift Certificates or Merchandise Certificates as a form of payment.

There is a Sharper Image store at the Eastern Shore Center in Spanish Fort.

Bankruptcy makes gift cards worthless

Eastern Shore Center Sharper Image

So “business as usual” means taking money for gift cards but not honoring them?