Gift Certificates in a Spiraling Economy?

We all know it's tanking. But the holidays are upon us. I personally LOVE gift cards/certficates. Imagine my dismay when I saw the below note on a friend's Facebook page:

So I thought I would do a little research myself. After about an hour I came up with the below list:
Linens 'n Things, Stores Closing: All Stores
Disney Stores, Stores Closing: 98
Foot Locker, Stores Closing: 140
Wilson's Leather, Stores Closing: 160
Home Depot, Stores Closing: 15
Ann Taylor, Stores Closing: 117
PacSun 'Demo' Stores, Stores Closing: 154
Lonestar Steakhouse, Stores Closing: 27
Zales, Stores Closing: 105
Pier 1 Imports, Stores Closing: 25
Dell, Stores Closing: 140
Urban Interiors, Stores Closing: 2
84 Lumber, Stores Closing: 30
Sharper Image, Stores Closing: All Stores
Lillian Vernon, Stores Closing: filed for bankruptcy
Ethan Allan, Stores Closing: 12
Rite Aid, Stores Closing: 28
Sprint Nextel Corp., Stores Closing: 125
Movie Gallery, Stores Closing: 400
Saks, Saks Stores Closing: 1
Wickes Furniture, Wickes Furniture Stores Closing: 38
Circuit City, Stores Closing: filed Chapter 11
Eddie Bauer, Stores Closing: 27
Talbots, Stores Closing: 78
Charming Shoppes, Stores Closing: 150
Starbucks, Stores Closing: 100
Boston Market, Stores Closing: 50
Cost Plus World Market, Stores Closing: 18
Sigrid Olsen, Stores Closing: 54
Macy's, Stores Closing: 9
Kirkland's Home, Stores Closing: 130
CompUSA's, Stores Closing: 103
Rent-A-Center, Stores Closing: 280
Sofa Express, Stores Closing: 44
Levitz Furniture, Stores Closing: 76
Pep Boys, Stores Closing: 31
GAP, Stores Closing: 85
Bombay, Stores Closing: filed for bankruptcy
Disney, Stores Closing: 98
K B Toys Stores, Stores Closing: 356
Lowes, Stores Closing: 16

Just so you know, Callidora's has NO stores closing and will happily give a gift card/certificate. I'll also be happy to include gift wrap if you are sending to an alternate address.