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Use it or lose it: Gift cards could become worthless if the issuer goes bankrupt


Use it or lose it: Gift cards could become worthless if the issuer goes bankrupt
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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
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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. ....

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Carroll: Not all bad news for restaurants


The announcement this week that the Sizzler restaurant is reopening is certainly good news for weary restaurant patrons, even if it is just for takeout and delivery initially.
The restaurant, located at 1156 NW Garden Valley Blvd., closed in August but recently was bought by the Sizzler corporation, Sizzler USA. Before that, it was a franchise owned by Double S Foods in Springfield, which owned eight Sizzlers in Oregon. All were shuttered this year due to the coronavirus; the Roseburg location was the last one to close.
Scott Carroll
The restaurant was initially looking to open on Thursday or Friday, but that got pushed back to this weekend, said Sasha Shennikov, marketing manager for Sizzler USA. ....

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