6/18/11 - called Newport News Catalog for the status on a credit on my refund and the customer service rep told me that all gift cards and requests for credits on refunds prior to 6/1/11 have been postponed until further notice. Newport News will send out a notification letter sometime in July.
I asked the CSR if they are still in business, which she replied, "Yes." I then asked her if they will be issuing refunds after 6/1/11, which she then replied, "I don't know, the parent company filed for bankruptcy." Therefore, I am informing everyone that purchases from Newport News to stop doing it if you plan to return items and expect a credit! It appears Newport News is going under.