Going-out-of-business sales started on Friday at all of Borders Group Inc’s 399 stores, as stated by a spokesman for one of the businesses charged with liquidating the nation’s second-largest bookstore chain. A group led by Hilco Merchant Resources as well as Gordon Brothers Retail Partners started the procedure of selling off Borders’ merchandise and furniture at all stores, stated Gordon Brothers spokesman Craig Venezia.
That consists of 35 stores that may possibly remain open awaiting sale negotiations among Borders and Books-A-Million Inc., Venezia pointed out.