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Charles Kip Thieriot, cable TV head and great-grandson of Chronicle founder, dies FacebookTwitterEmail Kip ThieriotAubrie Pick / Drew Altizer Photography Just like his great grandfather, who founded The Chronicle, Charles “Kip” Thieriot was in love with the communications business. He was a member of the board of directors that ran the family-owned newspaper in the years before it was sold to the Hearst Corp., its current owner, but he was better known for directing The Chronicle’s fledgling venture into movie production and cable television. His movies, among them “The Malibu Bikini Shop,” were full of fun and high spirits, much as he was. ....
FAIRFIELD-SUISUN, CALIFORNIA Kathleen Pender: Use it or lose it: Gift cards could become worthless if the issuer goes bankrupt [San Francisco Chronicle] Jan. 2 If you received a gift card for Christmas, first thank the giver, then use it. Fast. Many companies that issue gift cards such as retailers, restaurants, movie theaters, gyms and spas have been hard hit by pandemic shutdowns and are closing in large numbers. The number of retailers filing for bankruptcy in 2020 was the highest since 2009, according to S&P Global Market Intelligence. When companies go bankrupt, their gift cards can become worthless. With smaller companies, it can happen overnight. With larger companies, consumers often have a period of time to use their gift cards, but not always. ....
Use it or lose it: Gift cards could become worthless if the issuer goes bankrupt FacebookTwitterEmail 1of2 Guitar Center, which has a store in Emeryville, went bankrupt in 2020 and continues to sell and accept gift cards as it works to reorganize and emerge from its financial woes.Carlos Avila Gonzalez / The ChronicleShow MoreShow Less 2of2 Guitar Center, which has a store in Emeryville, filed for Chapter 11 bankruptcy in November but exited on Dec. 22 after restructuring its debt. It continued to honor gift cards during its brief stay in bankruptcy.Carlos Avila Gonzalez / The ChronicleShow MoreShow Less If you received a gift card for Christmas, first thank the giver, then use it. Fast. ....