4 ms·

Bankruptcy != closing down See: tribune company, gm, chrysler, delta, us airways..

• btilly 16y ago
  The article linked to http://www.bordersreorganization.com/Reorganization_Closure_List.pdf http://www.bordersreorganization.com/Reorganization_Closure_... which is a list of stores that they are planning to close. Two on that list are reasonably near me. Presumably something needs to happen with the books in the soon to be closed stores. Frequently in that kind of situation they are sold at a considerable discount, and if that is the case then I would like to take advantage of it.
  • daimyoyo 16y ago
    Great. I'm in Vegas and there's 7 stores in this town. The one they're closing? The store right next to my house. FML
  • throw_away 16y ago
    Brick & mortar bookstores usually have contracts that stipulate if the books don't sell, they can return the books for more or less a complete refund. The books you see with considerable discount are often those taken back by the publisher and then sent back out as 80-90% off. Softcovers aren't even returned--- the bookseller just rips off the covers and sends those back to minimize shipping costs. In high school, I worked in a B. Daltons (a now defunct Barnes and Nobles subsidiary) and it made me sad when I was tasked with tearing up a cart or two of books every few months. I imagine the inventory will either be returned, destroyed or else shifted to their still remaining stores rather than a circuit-city-style liquidation sale.
  • cafard 16y ago
    A couple of Borders locations have closed in Washington, DC, and the rest are scheduled to go. As I recall, the routine was that close-out sale started at 33% off and then went to 50% off.