"Choice" gift vouchers - are they bust?
"Choice" gift vouchers - are they bust?
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Discussion

srebbe64

Original Poster:

13,021 posts

268 months

Friday 3rd February 2006
quotequote all
At Christmas I gave each of my (85) staff £60 in "Choice" gift vouchers.

One of them went to buy something yesterday and was told that the company has gone belly up, and that shops are not accepting these vouchers. Needless-to-say, it's a lot of money we've potentially wasted. Does anyone know the score?

SGirl

7,924 posts

292 months

Friday 3rd February 2006
quotequote all
I've just spoken to the Voucher Association, and they've confirmed that PriceWaterhouseCoopers have been called in to Choice Gift Vouchers. Apparently a couple of their major suppliers have failed to pay bills, and the whole thing is on a slippery slope. There's a chance that a buyer will be found for the company, but until then shops won't be accepting Choice vouchers.

Their advice was to go back to the agent you bought them from and try for a refund.

My Mum and my auntie, both pensioners, spend all year saving up for this crap. They only got the year's allocation of vouchers in December - I foresee trouble ahead when I tell them this...

srebbe64

Original Poster:

13,021 posts

268 months

Friday 3rd February 2006
quotequote all
What really gets me is that the senior managers of such companies will know many months in advance that it's heading for such a crisis, and yet they still take the hard earned cash from the punters. My staff, potentially, could lose about £5000.

Thanks for the feedback, by the way!

lightstepper

318 posts

251 months

Friday 3rd February 2006
quotequote all
one of my housemates who works in a large shoe shop chain has been told not to accept them at all until further notice as they are going bust.

SGirl

7,924 posts

292 months

Friday 3rd February 2006
quotequote all
srebbe64 said:
What really gets me is that the senior managers of such companies will know many months in advance that it's heading for such a crisis, and yet they still take the hard earned cash from the punters. My staff, potentially, could lose about £5000.


Ouch. I'm not entirely sure of the extent of the damage here yet - certainly at least £600 worth.

Nice Griff, BTW

scared but happy

24,147 posts

260 months

Friday 3rd February 2006
quotequote all
Has anyone got a pointer to a website giving information about this?

yertis

19,738 posts

297 months

Friday 3rd February 2006
quotequote all
SGirl said:
srebbe64 said:
What really gets me is that the senior managers of such companies will know many months in advance that it's heading for such a crisis, and yet they still take the hard earned cash from the punters. My staff, potentially, could lose about £5000.


Ouch. I'm not entirely sure of the extent of the damage here yet - certainly at least £600 worth.

Nice Griff, BTW


Where you been? Not seen "SGirl" for yonks...

SGirl

7,924 posts

292 months

Friday 3rd February 2006
quotequote all
scared but happy said:
Has anyone got a pointer to a website giving information about this?


No.

But these people were very helpful on the phone, and they say they'll be updating their website with news shortly.

www.voucherassociation.co.uk/

SGirl

7,924 posts

292 months

Friday 3rd February 2006
quotequote all
yertis said:
Where you been? Not seen "SGirl" for yonks...


Hey Yertis! I've been around, just not posting much. How's you?

yertis

19,738 posts

297 months

Friday 3rd February 2006
quotequote all
Distracted...

wd*

4,045 posts

282 months

Friday 3rd February 2006
quotequote all
SGirl said:
scared but happy said:
Has anyone got a pointer to a website giving information about this?


No.

But these people were very helpful on the phone, and they say they'll be updating their website with news shortly.

www.voucherassociation.co.uk/


The most info I can add is that in the window at Ethal Austin, there is a sign saying they no longer accept Choice vouchers due to the company (choice) going into administration.

SGirl

7,924 posts

292 months

Friday 3rd February 2006
quotequote all
yertis said:
Distracted...


Distracted? Howso?

You're not... working?!!

SGirl

7,924 posts

292 months

Friday 3rd February 2006
quotequote all
Steve, where did you get your vouchers from? I've just been talking to my Mum, the company that sold her hers are happy to replace them for other vouchers. It might be worth going back to your agent and seeing what they can do for you.

Or did you buy from Choice directly?

srebbe64

Original Poster:

13,021 posts

268 months

Friday 3rd February 2006
quotequote all
SGirl said:
Steve, where did you get your vouchers from? I've just been talking to my Mum, the company that sold her hers are happy to replace them for other vouchers. It might be worth going back to your agent and seeing what they can do for you.

Or did you buy from Choice directly?

My PA got them - not sure where from though. She's on the case right now!