Borders liquidation sale starting tomorrow   no comments

Posted at 7:45 am in Borders

Borders will begin liquidating merchandise at the 200 stores it will be closing starting tomorrow, Feb. 19. 

Over $350 million of inventory including books, magazines, music and movie media, calendars, posters and more will be liquidated. 

Discounts from 20% to 40% with limited exceptions are offered on all merchandise at every closing location. Consumers will benefit from very significant savings on the entire stock of books in every category, including new releases, best sellers, text books, rare and collectible books and children’s books.  There are also substantial price reductions on, thousands of music CDs and video DVDs, calendars, posters, puzzles and arts and crafts items.

Borders Rewards programs, including Borders Rewards Plus, remain in effect. Customers can continue to earn and redeem their Rewards in all stores and on Borders.com.  Gift cards will also be honored as usual.

For a list of the stores to be closed see here.

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Meanwhile, customers of Borders Australia and Angus & Robertson (another bookseller owned by the same company) are being told that in order to redeem their gift cards they will need to spend twice as much as the face value of the card.  In other words, if you have a $50 gift card, you will have to purchase $100 merchandise and pay half in cash.  Additionally, gift cards are apparently not being accepted for online purchases.

At one Borders store in Melbourne security guards had to be called in to back up store staff as they were confronted by customers irate over the gift card policy.

via WA Today

 

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Written by Richard on February 18th, 2011

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