Posted by: thebridegroomcomes | July 23, 2011

Borders Group Liquidation Begins Today

A federal bankruptcy judge approved Borders Group’s plan to liquidate late Thursday, which means a going-out-of-business sale will start today at many of the bookstore’s 399 locations. A federal bankruptcy judge approved Borders Group’s plan to liquidate late Thursday, which means a going-out-of-business sale will start today at many of the bookstore’s 399 locations. http://www.christianpost.com/news/borders-group-liquidation-begins-today-52679/

Border’s CEO cites external factors, including Barnes and Noble (#1) in industry, which itself is up for sale after dropping 45% in value this past year, http://money.cnn.com/2010/08/03/news/companies/barnes_noble_sale/index.htm (impressive graph)


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