Champaign Borders store begins liquidation sale

CHAMPAIGN — Shoppers can get up to 40 percent off inventory and furnishings as the Borders bookstore in Champaign begins a liquidation sale Friday.

The store, which opened at 9 a.m., was selling off not only merchandise including books, games, magazines, music, movies and calendars, but also store fixtures and other equipment.

No closing date has been announced for the Champaign store at 802 W. Town Center Blvd., but a press release from the liquidators stated “we expect this will be a short sale.”

The liquidation is being managed by a joint venture composed of Gordon Brothers Group, Hilco Merchant Resources, Great American Group, SB Capital Group and Tiger Capital Group.

All sales made are final.

Liquidators also stated that:

— 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.
 

Sections (3):News, Business, Living
Topics (1):Economy
Categories (4):News, Economy, Living, Business
Tags (2):borders, bookstore

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ddf1972 wrote on July 22, 2011 at 9:07 am

A sad day. Spent countless hours (and a good bit of money) int he Champaign Borders over the years. I remember, after Figaro's in Campustown closed, that Borders had the next best classical CD inventory. Then Amazon and online ordering ramped up, and the rest is history.

CBrownwill wrote on July 22, 2011 at 10:07 am

The sad day was when Pages For All Ages closed. That was a real bookstore. I always found interesting books, music, gifts. Not to mention informed and helpful staff. Borders was never a good place for me to shop and I won't miss it.

ddf1972 wrote on July 22, 2011 at 10:07 am

I felt Pages never quite grew into its Savoy location...inventory seemed more stale, help less good (and very loud). But, it was important as an independently owned store. Judging by the consistent crowds at Borders (over Barnes and Noble, even), I have a sense I am not the only one who felt that way about Borders - though the store was starting to get a bit dingy.

parkmymeterelsewhere wrote on July 22, 2011 at 11:07 am

The plight of local bookstores has been mostly linked to property value/gas as too costly.
The Pages/Borders big block stores lasted from what--1996 to 2011? What a bust for all the economy because the publishing/book business counted on these places to sell their mass market material. But--the Old Main bookshoppe lasted for 30+++years with out a hitch to these uncontrollable forces only to finally succumb to gentrification/greed/property owners pre-conceived notion of a sustainable business. This bookstore sustained before and after these
large ones even made a foothold into the marketplace. What a joke--and now comes Rick Orr;
another cupcake place? 03 walnut?

Strikentheclinch wrote on July 22, 2011 at 2:07 pm

Gee... i wonder what will go in that lot now? a restaurant, or maybe a restaurant?!?