Check with your store about gift cards if they're heading out of business
Every year, billions of dollars worth of gift cards go unspent. That amount could go up after this holiday season - but not by choice. Some financial experts warn against buying gift cards from chains that are in danger of closing.
Here is a list of franchises planning to close stores either before, or soon after the holidays. We should point out though, if you buy a gift card, for example, from one JC Penney's location which closes, you could still redeem the card at another JC Penney's location.
So be sure to check with the store before fearing that your gift card is unusable: