Borders starts going out of business sale
Borders' going out of business sale starts today at 399 stores across the nation -- a sad end to a once-promising bookstore chain. Those better days are shown here as the store in Lutherville hosted a 2007 event in preparation for the release of "Harry Potter and the Deathly Hallows." The company said that more than $700 million of books, magazines, music and other inventory will be sold off -- as well as store fixtures and furnishings.
"This marks the end of an era and we thank our customers for their patronage over our 40-year history," Mike Edwards, President of Borders Group, said in a prepared statement.
The fine print on the liquidation sale: Borders gift cards will be honored throughout the sale. Initially, Borders Rewards PLUS members will continue to receive additional discounts on qualifying purchases. All existing Borders Bucks can be redeemed until they expire on July 31, 2011. All sales made on or after July 22, 2011 are final.