Farepak in administration: What to do? (Merged Thread)

michjoe

sandhabibi wrote:

Before I report what Gmtv have just said, Can ppl keep comments to themselves if it's not being helpful!! I'm an agent and like myself some of my 5 customers (like me) would not have any money left in a saving account as it would be dipped into through the year, I guess naive has a different meaning to what it used to have if I'm being it.
Alot of people have got a horrible christmas ahead and they are being told they are naive. nobody will do this scheme again after this and I know next year I'll save shop stamps.

Gordon Brown and the news have just reported that Sainsbury's are to give upto 25% to people that had vouchers on order. Also The government are putting pressure on other retailers to do the same.:T
If sainsburys can do this then surely Tescos will follow with their billions £ profit!

Now that is good news, lets hope they don't change their minds as well!!

sandhabibi

Also just been announced that park hampers have put £1million aside to help us by giving out the vouchers they use, these are similar to the ones farepak had. Park are communicating with the administrators to work out who will get what depending on how much was lost by each person.:T

ashley0611

Good news from GMTV - although Sainsburys are obviously only offering vouchers to people who had Sainsburys vouchers on order.

michjoe

ashley0611 wrote:

Good news from GMTV - although Sainsburys are obviously only offering vouchers to people who had Sainsburys vouchers on order.

That rules me out then

alwaysbusyMUM

and me, mine where bonus bond, asda & acardia - surley Wall Mart can do the same, in fact couldn't all the stores.
How are they going to prove it though, will the payment card be enough??

katiepoppycat

Taken from thegrocer.co.uk today . . . . .

Sainsbury's close to Farepak deal - 07/11/2006 08:24:00
Sainsbury's is close to completing a deal to reimburse customers of Farepak, the savings club which fell into administration last month.

The retailer is considering giving Farepak customers who had opted for Sainsbury's vouchers, 25% of the value of their savings, according to reports in the Daily Telegraph.

Gwyn Burr, customer director at Sainsbury's, said: “The administrator has indicated that barring unforeseen problems, they will be able to provide us with details of all Farepak agents who had customers.”

michjoe

I think it would be better for the big companies that are going to help Farepak customers out to put in a pot so it can be distributed evenly between all customers.

trisontana

michjoe wrote:

I think it would be better for the big companies that are going to help Farepak customers out to put in a pot so it can be distributed evenly between all customers.

It's just been announced that Tesco are going to contribute £1 million into a central fund.

michjoe

Things are looking up!!!!

michjoe

trisontana wrote:

It's just been announced that Tesco are going to contribute £1 million into a central fund.

Where did you get this info??