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Sharper Image Will Accept Gift Cards


After announcing earlier this week that it would not accept gift cards, Sharper Image seems to have changed its mind. But there are some conditions.

The luxury retailer said it would redeem gift cards issued before it sought bankruptcy protection on Feb. 19 if customers use them in full during one transaction and apply them toward items costing double the value of the cards.

In a statement, the company explained that a customer holding a $25 gift card could only use it to buy at least $50 worth of items.

Shaper Image said customers could also hold onto their cards in case it could accept them in the future without any restrictions.

'While not a complete solution, it does provide immediate satisfaction to customers on a voluntary basis, Chief Executive Robert Conway said.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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