When Shelly Hunter came up with the "Gift Card Grave Yard" she never imagined the entries to the club would keep growing.
"This Radio Shack thing really hit me, because suddenly the store is essentially closed , now the (gift) card is not usable and that bothers me," she says.
[WEB EXTRA: See cards on gift card watch list ]
During a recent Skype interview Hunter pointed out that unspent gift cards from the restructured electronics store represent a staggering $41 million.
"To me anything in the millions is too much," Hunter says,"It's too much for people to lose."
The Radio Shack cards were last honored on March 31. After that remaining stores didn't honor them any more.
Hunter who is known as the "gift card girlfriend," has assembled a list of gift card deals along with her Chapter 11 gift card watch list on giftcards.com.
The site doesn't take you directly to the watch list until you type in the key words: "watch list" or "gift card grave yard."
The list of gift cards that went bust include many linked to stores that catered to what Hunter calls the "fickle younger generation."
Deb Stores, dELiA's, Cache and Simply Fashion stores along with Borders and Radio Shack are the latest casualties of buyouts and Chapter 11 plans.
"The issue again is a company bought the merchandise and then the rights to the name and the company that bought the merchandise says 'sorry we are not honoring these gift cards,'" Hunter said.
Hunter says consumers fall into the trap of waiting too long to use their cards.
As for future gift card casualties she is keeping a close eye on store closings:
• Sears is closing 235 stores in 2015.
• JCPenney is closing 39 of its stores.
• Aeropostale closed 75 stores during the holiday season and expects to close an additional 50 to 75 stores