Friday, July 22, 2011

borders


borders A team of liquidators led by Hilco Merchant Resources LLC and Gordon Brothers Retail Partners LLC are leading the sales. They’re coordinating with existing Borders employees to run the sales. Shortly after 9 a.m., going-out-of-business signs were still being placed in windows at the downtown store. “Everything Must Go,” one sign said; “Nothing Held Back!” another blared. For now, merchandise is 10 percent to 30 percent off at the downtown store, although Borders said that some products would be discounted up to 40 percent. A day after a New York bankruptcy judge officially approved the liquidation sales, the downtown store showed signs of a rush to start the liquidation conversion. Merchandise that had been read the previous day was left on window sills, for example. One liquidation sign was crooked, a suction cup half stuck to the window. It didn’t seem to bother customers.


I just wanted to come to pay my full respects,” said Mark Carl Paul, a Troy resident who came to the store this morning on his day off. Paul said he’s sad that Borders is fading away, in part because of what it reflects: a shift toward electronic books. “I just don’t do that,” he said. “I read four, five newspapers every day. I just want that feel of paper in my hands.” Several customers who once loved Borders — who still like visiting — said they lost their emotional connection with the store years ago. Or, at least, their nostalgia for Borders is tied to a shop that once was. Employees, who aren’t officially allowed to talk to the media, were “just really sad,” one worker sai
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