It was just announced the chain restaurant TGI Friday’s filed for bankruptcy due to low sales for the past few years. The restaurant has $49.7 million in outstanding gift cards. The company only has $5.9 million on hand to pay their debts. The gift cards never expire and some are 21 years old. So, if you believe you have a gift card laying around, it is time to hunt it down and USE it! If the gift card hasn’t been used by the time the restaurants fully close, you may only receive pennies to the dollar. Another reason to shop and eat small, in your local area.
