Borders bookstores liquidation sale begins, offers big discount

By on Jul 23, 2011 in Business, Lifestyle, United States Comments

Borders bookstores have started its liquidation sale on Friday, July 22, 2011, and offers big discount which is being expected to end until September.



A branch of Borders bookstore
Image Credit: Getty Images

According to US news sites that day, giant bookstore Borders Group Inc. started to offer up to 40% discount following the liquidation plan as approved by a U.S. bankruptcy judge in New York on Thursday.

Apparently, Borders’ closing sale for books, DVD and furniture will be on all of its 399 stores across the country including on the remaining 18 branches in Southern California.

“This marks the end of an era, and we thank our customers for their patronage over our 40-year history.” Borders Group CEO and President Mike Edwards was quoted at LA Times on Friday.

“I encourage our customers to take advantage of this one-time opportunity to find exceptional discounts on their favorite books and other great merchandise,” Edwards added.

Mr. Edwards was said to have already sent an email to loyal Borders Rewards members, apologizing for the closure of the company and noting that Borders Rewards Plus members will still receive their additional discounts for a limited time, through August 5.

In addition, the company said that all Borders Bucks will expire on July 31, 2011, but gift cards will be accepted during the entire liquidation sale period.

Borders, a Michigan-based company that started in 1971, was noted to have up to 10,700 employees nationwide to be losing their jobs, as customers today have preferred to buy books online.

These days, a lot of Americans and still increasing, are reportedly switching to buy from Amazon or other digital purchase, while others prefer reading books via Kindle.



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